Warner Bros. Discovery Direct-to-Consumer, also known as Home Box Office, Max, HBO Max, and Discovery+, is a privately owned subsidiary of Warner Bros. Discovery, headquartered in the US. Founded in 1972, with approximately 4,250 employees, it reported $10.9 billion in revenue as of 2025. The company's direct-to-consumer business encompasses streaming services, including Max, HBO Max, and discovery+, alongside premium pay-TV services such as HBO. Functioning as an American subscription video on-demand over-the-top (OTT) streaming service, it offers diverse content, including movies, TV shows, documentaries, and original programming. It reported a total of 97.7 million DTC subscribers as of December 31, 2023. Its subsidiaries include HBO, Open AP, You.i TV, and iStreamPlanet.
Paramount CEO David Ellison reportedly has "tricks up his sleeve" to secure settlement talks with California Attorney General Rob Bonta concerning Paramount Skydance's proposed merger with Warner Bros. Discovery, as learned on September 11, 2026. Previously, on September 10, realme, a smartphone brand, announced its collaboration with Warner Bros. Discovery Global Consumer Products for a realme 16 Pro 5G Harry Potter Edition, building on its prior realme 15 Pro Game of Thrones Limited Edition. Also on September 10, HBO revealed that the Tony and Olivier Award-winning play "OH MARY!" will debut on the network and stream on HBO Max in 2027. This follows the September 9 announcement from Warner Bros. Discovery Global Experiences and NEON, collaborating with Chengdu Culture and Tourism Development Group and Meta Cultural Development (Wuxi) Co. Ltd., that "Harry Potter: Visions of Magic" is set to make its China debut in Chengdu during the fourth quarter of 2026.
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Warner Bros. Discovery Direct-to-Consumer offers 2 products in the media and telecoms services industry. Warner Bros. Discovery Direct-to-Consumer's product portfolio comprises of media and TV services.
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Warner Bros. Discovery Direct-to-Consumer's revenues were over $1B in 2025. All the revenue comes from video streaming.
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Examples of Warner Bros. Discovery Direct-to-Consumer's suppliers include Deluxe, Accenture and Globant.
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Warner Bros. Discovery Direct-to-Consumer currently holds 15 broadcasting rights for sports competitions including cycling, soccer | association football, combat sports, winter sports and cyclo-cross.
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