Warner Bros. Discovery Shares Jump 10% After Adding Max To Charter Cable Bundle

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Warner Bros. Discovery Shares Jump 10% After Adding Max To Charter Cable Bundle
admin 2024/09/14 02:48

Warner Bros. Discovery’s stock experienced one of its strongest days of trading in recent months on Thursday, after the media conglomerate announced a deal with Charter Communications that will bring the Max streaming service to standard cable packages.
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Warner Bros. Discovery’s deal with Charter will bring ad-supported versions of Max and Discovery+ to Spectrum cable customers at no extra charge, making obsolete the $15 add-on fee customers currently pay if they want to add Max to their cable package.
Spectrum customers already have access to a $65 cable bundle including basic tiers of competing services Disney+ and Paramount+.

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