Current Events > HBO Max expected to layoff 70% of its employees

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Smashingpmkns
08/03/22 3:30:16 PM
#1:


https://www.thewrap.com/hbo-max-layoffs-warner-bros-discovery-q2-earnings-preview/

How tf did this Discovery merger end up being worse than AT&T? Jesus Christ

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DarkRoast
08/03/22 3:31:08 PM
#2:


Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?

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Foppe
08/03/22 3:32:31 PM
#3:


Tax writeoff.

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Turtlemayor333
08/03/22 3:32:58 PM
#4:


This seems like one of those Mitt Romney type deals where they're making money somehow by completely destroying the company

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Smashingpmkns
08/03/22 3:34:03 PM
#5:


DarkRoast posted...
Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?
Doesn't seem like that's the issue. HBO Max userbase was growing unlike Netflix.

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CruelBuffalo
08/03/22 3:34:14 PM
#6:


DarkRoast posted...
Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?


Ummm more like Discovery running shit to the ground. Paramount and Disney arent stepping off the throttle.
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Funcoot
08/03/22 3:35:04 PM
#7:


DarkRoast posted...
Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?
I'm not sure that's really the issue here. My understanding is that HBO Max is already pretty successful, but they're merging with Discovery, and the new guy running things is majorly shaking things up for no reason.

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chukklez17dc
08/03/22 3:36:24 PM
#8:


I can't imagine Discovery plus is doing so much better than HBO Max that they're gutting it.

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bsp77
08/03/22 3:37:19 PM
#9:


It seems like it may be related to the fact that the CEO does not believe in creating original movies for HBO Max. He wants theatrical and then the movies to simply appear on HBO Max later. As far as I know, he is still behind TV shows though, as that has always been a driver for HBO.

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Smashingpmkns
08/03/22 3:37:27 PM
#10:


Doesn't Ghost Adventures pretty much carry Discovery lol

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Irony
08/03/22 3:38:26 PM
#11:


When I had Discovery+ all I really watched was like five or six episodes of Dirty Jobs

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__aCEr__
08/03/22 3:38:33 PM
#12:


This new CEO has no idea what he is doing.

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TheGoldenEel
08/03/22 3:39:29 PM
#13:


DarkRoast posted...
Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?
Im this case it is WB cannibalizing their more successful streaming service (HBO Max) in order to bolster their bad one (discovery +)

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WrkHrdPlayHrdr
08/03/22 3:43:02 PM
#14:


I just wish the app worked well on my Fire stick. Every time I want to watch something I have to go into apps and force close the app and restart it. Paused a show and left it there for a few minutes? Boots back to the main Fire stick screen and I have to force close and restart again.

Then there's this one intro they put in front of some videos that NO MATTER WHAT will stop loading the video but let the audio play. It's only this one HBO splash screen in front of certain things.

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Jagr_68
08/03/22 3:44:30 PM
#15:


You have to be some kind of fucking stupid to screw up HBO.

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Priere
08/03/22 3:45:15 PM
#16:


I cant think of a single soul that has said "God i NEED some Discovery+!"

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JuanCarlos1
08/03/22 3:45:35 PM
#17:


chukklez17dc posted...
I can't imagine Discovery plus is doing so much better than HBO Max that they're gutting it.

This. Was Discovery the bigger company or what? And HBO is also a much bigger and recognizable brand than Discovery

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Axiom
08/03/22 3:45:55 PM
#18:


Lol Discovery's actions post merger have been wild. They are getting rid of anything and everything HBO related like it's somehow going make people want to watch Discovery
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Halo478
08/03/22 3:46:55 PM
#19:


Discovery bought hbo so they get to decide it sucks but yeah

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LightHawKnight
08/03/22 3:47:27 PM
#20:


Smashingpmkns posted...
Doesn't seem like that's the issue. HBO Max userbase was growing unlike Netflix.

I mean does Netflix have much room to grow? Though they sure do enjoy shooting themselves in the foot.

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Smashingpmkns
08/03/22 4:05:42 PM
#21:


Holy shit they're actually removing original HBO Max content that were already on the service

https://www.indiewire.com/2022/08/hbo-max-removed-6-streaming-movies-1234747761/

This is pretty fucking terrible

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Beast_Le_Chonk7
08/03/22 4:07:30 PM
#22:


The guy in charge is a notorious cost cutter, that's why the Batgirl movie isn't even going to be allowed for streaming even though it already finished.

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CADE_FOSTER
08/03/22 4:07:53 PM
#23:


Discovery ceo is an assclown
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Trumpo
08/03/22 4:08:52 PM
#24:


Time to cancel and set course to the seas

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Questionmarktarius
08/03/22 4:10:09 PM
#25:


Smashingpmkns posted...
Holy shit they're actually removing original HBO Max content that were already on the service

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Smashingpmkns
08/03/22 4:10:33 PM
#26:


https://gamefaqs.gamespot.com/a/user_image/9/6/3/AAPstsAADhk7.jpg

God damnit I didn't know they canceled Made for Love. These fucking monsters

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WingsOfGood
08/03/22 4:11:00 PM
#27:


Expect this to become norm.
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CADE_FOSTER
08/03/22 4:12:04 PM
#28:


Snowpiercer isnt coming out fucking bitch
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Jagr_68
08/03/22 4:15:36 PM
#29:


I really don't care for those shows listed but it still concerns me as to what standard this jerkoff holds older HBO programming like The Sopranos, The Wire, or even cult hits like Eastbound & Down. Will those get cut because they had 10 viewers below an arbitrary threshold?

It's fucking mystifying how a good thing could get destroyed so swiftly...

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NinjaWarrior455
08/03/22 4:16:12 PM
#30:


Gotta make more room for all the 90 day fiance spinoffs

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Hayame_Zero
08/03/22 4:18:08 PM
#31:


Jagr_68 posted...
I really don't care for those shows listed but it still concerns me as to what standard this jerkoff holds older HBO programming like The Sopranos, The Wire, or even cult hits like Eastbound & Down. Will those get cut because they had 10 viewers below an arbitrary threshold?

It's fucking mystifying how a good thing could get destroyed so swiftly...
Those will stay. Original HBO programming is safe, HBO Max-exclusive shows and movies are not

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DeadBankerDream
08/03/22 4:19:18 PM
#32:


If they cancel Sex Lives of College Girls I will shake my fist very angrily.

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Payzmaykr
08/03/22 4:22:21 PM
#33:


DarkRoast posted...
Who could have possibly guessed that a million streaming services all launching at the same time when people are getting tired of streaming services would turn out to be a bad idea?
Right? Especially when it was a 100% greed and predatory based decision to launch. Most of these new streaming services were just cable channels who wanted a paywall to hide content behind. Oh, they also decided to do this right during the pandemic when people were hurting. Do I feel bad when I hear about someone losing their job? Sure, but the job should never have even existed to begin with.

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Umbreon
08/03/22 4:22:26 PM
#34:


Did they brag about 'record profits' prior? Or was this just buying out a competitor so you can get rid of it?

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Axiom
08/03/22 4:24:21 PM
#35:


People in here complaining about streaming services when you could sub to 10 of them and still pay less than you were paying for cable
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chukklez17dc
08/03/22 4:25:50 PM
#36:


I can't think of a single thing I would want to watch on Discovery, blows my mind that almost everything being cut is coming from HBO and not Discovery

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Tyranthraxus
08/03/22 4:29:28 PM
#37:


Smashingpmkns posted...
Holy shit they're actually removing original HBO Max content that were already on the service

https://www.indiewire.com/2022/08/hbo-max-removed-6-streaming-movies-1234747761/

This is pretty fucking terrible
Lmfao they're literally pulling content to write it off as taxes

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Trumpo
08/03/22 4:30:09 PM
#38:


Close Enough was cancelled

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hyperpowder
08/03/22 4:31:03 PM
#39:


NinjaWarrior455 posted...
Gotta make more room for all the 90 day fiance spinoffs

90 Day Fianc is the shit

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Ivynn
08/03/22 4:35:08 PM
#40:


This is so strange. HBO Max is doing extremely well. This Discovery merger is wack.

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Agent_Stroud
08/03/22 4:37:10 PM
#41:


CADE_FOSTER posted...
Discovery ceo is an absolute chad

FTFY. Youre welcome by the way.


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apocalyptic_4
08/03/22 4:40:12 PM
#42:


Literally throwing out a brand name. HBO carried the weight of premium high budget shows they really should of went the other way round and consolidate everything into HBO.


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cjsdowg
08/03/22 4:42:04 PM
#43:


How did Discovery plus win over HBO Max.

MAX cool shows, Discovery- My 600 life and Holiday Bake off. (I love both of those) but the point still stands lol.

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Axiom
08/03/22 4:44:48 PM
#44:


cjsdowg posted...
How did Discovery plus win over HBO Max.

MAX cool shows, Discovery- My 600 life and Holiday Bake off. (I love both of those) but the point still stands lol.
Discovery CEO wants Discovery name and not HBO. That's pretty much what it comes down to. This was less a merger and more a corporate raid
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Foppe
08/03/22 4:44:53 PM
#45:


cjsdowg posted...
How did Discovery plus win over HBO Max.

MAX cool shows, Discovery- My 600 life and Holiday Bake off. (I love both of those) but the point still stands lol.
The new CEO is from Discovery, thereby he favors it.

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DeadBankerDream
08/03/22 4:45:24 PM
#46:


Don't most people view the Discovery brand with a mix of nostalgic melancholia and disgust over what it has become?

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Ivynn
08/03/22 4:46:05 PM
#47:


cjsdowg posted...
How did Discovery plus win over HBO Max.

It didn't.

New CEO seems to be intentionally killing HBO Max to bolster it.

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Beast_Le_Chonk7
08/03/22 4:46:10 PM
#48:


cjsdowg posted...
How did Discovery plus win over HBO Max.

MAX cool shows, Discovery- My 600 life and Holiday Bake off. (I love both of those) but the point still stands lol.

No porn unlike the actual channel which has it at late night.

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Foppe
08/03/22 4:47:09 PM
#49:


You and me, baby, ain't nothin' but mammals
So let's do it like they do on the Discovery Channel

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creativerealms
08/03/22 4:47:42 PM
#50:


Discovery is evil.

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