May 23, 2019

It is every man for himself. When WarnerMedia launches its own streaming video subscription service later this year, it is likely to retain – or regain – licensing rights to popular shows like Friends and Seinfeld that were previously licensed to rival services, says the Hollywood Reporter. AT&Ts purchase of Time Warner for $85 billion last year gives the companys entertainment division, now called Warner Media and run by Bob Greenblatt, a vast range of existing content to choose from.