HBO Max will cease new original programming in parts of Europe and the company will also shut down Cinemax’s TV Everywhere platform, Cinemax Go, as its parent company Warner Bros. Discovery moves through a restructuring.
As reported by Variety on Monday, HBO Max originals like Hungarian drama “The Informant,” Swedish comedy “Lust” and “Kamikaze” from Denmark will be removed from the service in European territories such as Central Europe, Denmark, Finland, the Netherlands, Norway, Sweden and Turkey.
On July 31, Warner Bros. Discovery is shuttering the free streaming service Cinemax Go, which simplifies the number of streaming services in its portfolio.
The changes will save money for the company, keeping it on track for its previously revealed cost-cutting plan that has a target of $3 billion in savings. The company has a debt load of around $55 billion and its share price has steadily dropped since the merger between Discovery and WarnerMedia, with
- post author: Lauren Forristal