The conglomerate’s group modification efforts also include the promotion of Marc Resteghini to Head of Development. The streamer is rejigging its leadership group to prioritize series, development, and IP and talent management.
The intention of the initiative is to promote growth across all of VCN UK’s streaming products. The announcement correlates with the conglomerate's priority of strengthening its presence in the streaming market.
German media conglomerate is reportedly looking to sell its controlling stake in French broadcast group and has already approached potential buyers including France’s Vivendi and Altice Europe.
The streamer’s figure, collectively with HBO’s number of subscribers amounts to over 41 million total US subscribers. Warner Bros.’ overall revenue declined by 21%. The company hopes to reach 50 million to 55 million HBO Max customers in the U.S. by 2025.
Premium Movistar+ customers and those who subscribe to F1 via Movistar will gain access to DAZN with sports including Premier League, MotoGP, Copa del Rey, Turkish Airlines EuroLeague and UFC.