Warner Bros. Discovery is set to start cracking down on Max password sharing later this year, with a wider rollout planned for 2025, joining the likes of Netflix and Disney+. Meanwhile, Fox CEO Lachlan Murdoch has announced that the joint sports streaming venture between Fox, Disney, and Warner Bros. Discovery is expected to sign up 5 million customers in the first five years.
Key takeaways:
- The EU Commission has fined Apple €1.8B for stifling competition from rival music streaming services, marking the EU's third-largest antitrust fine. Apple plans to appeal the decision.
- TalkTV plans to close down its linear TV channel in early summer 2024 and transition to an online-only platform, following the departure of Piers Morgan from his daily show on the channel.
- Warner Bros. Discovery is set to begin cracking down on Max password sharing later this year, with a wider rollout planned for 2025, joining the efforts of rivals Netflix and Disney+.
- Fox CEO Lachlan Murdoch has announced that the Fox, Disney, and WBD sports streaming joint venture anticipates signing up 5M customers in the first five years of operation.