HBO Max, the new streaming service from AT&T's WarnerMedia, launches Wednesday. Advertised as the place "where HBO meets so much more", HBO Max will debut with over 10,000 hours of content from a range of brands including HBO, Warner Bros., Cartoon Network and Turner, with characters as diverse as Elmo and Tony Soprano. This marks a culminating milestone in AT&T's massive integration that began in 2016 when it agreed to acquire Time Warner for $85.4 billion.
HBO Max users will be able to browse by "hub"
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Coronavirus Updates: Quibi's Possible Ad Woes; Warner's IPO Hopes; Disney Plans to Open Florida Theme Park
Here are the latest headlines regarding how the novel coronavirus is impacting the Los Angeles startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for the latest updates.
- Quibi may be struggling in advertising amid concerns about COVID-19 expenses
- Disney to propose the opening of Florida's Disney World, could be blueprint for California
- Are IPOs poised to make a comeback? Warner Music Group hopes so
Quibi may be struggling in advertising amid concerns about COVID-19 expenses<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMjkxNDUzNi9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzNDA2ODI5Nn0.sd3rf3EP2GScxRzXSZjJ0UXp-jg4IsIJWvHAaowj7nk/img.jpg?width=980" id="7566b" class="rm-shortcode" data-rm-shortcode-id="01dacfe58633b337398c9330e23fb085" data-rm-shortcode-name="rebelmouse-image" /><p>Quibi's struggles continue, as several major advertisers are asking to defer or extend their payment, the <a href="https://www.wsj.com/articles/advertisers-seek-to-revise-deal-terms-with-streamer-quibi-11590519825" target="_blank">Wall Street Journal reported</a> Tuesday. The requests come from Pepsi, Taco Bell, Anheuser-Busch and Walmart, and stem from the impact the coronavirus has had on the advertisers' business or concerns that the short-form video service launched in April is struggling to meet its viewer targets.</p><p> Either way, it's more bad news for the startup that previously blazed its way to $1.75 billion in funding before ever acquiring a customer. The ability of Jeffrey Katzenberg and Meg Whitman, Quibi's leaders, to charm content creators and woo advertisers was widely considered the platform's secret sauce leading up to launch. </p><p>The private, Hollywood-based company raised $150 million worth of advertising from 10 companies that were presumably excited by Quibi's attempt to turn consumers' "on-the-go" moments into viewing time. But it's been a bumpy seven weeks. Subscriber numbers have disappointed, a patent infringement lawsuit lingers, and the service's core value proposition has been effectively wiped out by the stay-at-home reality ushered in by the coronavirus. The Journal also reported that Whitman, who has told <a target="_self" href="http://dot.la/">dot.LA</a> that she is committed to playing a long game, has instituted cost-cutting measures, including slowing down hiring.</p>
Are IPOs poised to make a comeback? Warner Music Group hopes so<img lazy-loadable="true" src="https://dot.la/media-library/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMzMyMjE3OC9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTYwNzY5MTI5MH0.9sqmxmdC1HrbYl_EyeiobaESM8qjE-gz46NZELXkakY/image.png?width=980" id="d71ce" class="rm-shortcode" data-rm-shortcode-id="048c4347e6498b47c1ab41c3aeb0759c" data-rm-shortcode-name="rebelmouse-image" />
Disney to propose opening Florida's Disney World, could be blueprint for California parks<img lazy-loadable="true" src="https://dot.la/media-library/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yMzMyMjMyNS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzMjg5Nzg0M30.qr4qauMTWZccfh0pA758TLPSjPkwxPVwYMkgnJxPJsA/image.jpg?width=980" id="d582d" class="rm-shortcode" data-rm-shortcode-id="1e1e4793a1211b8e09f137ade95a387e" data-rm-shortcode-name="rebelmouse-image" />
- Quibi Is Here: Will It Last? - dot.LA ›
- Los Angeles Coronavirus Updates - dot.LA ›
- Florida is Poised to Reopen Disney World and SeaWorld - dot.LA ›
One way to think about the entertainment industry is as a massive war for attention. Within that war rumbles the battle for at-home video dominance (often itself called a streaming war, which feels a bit like calling the Pacific theater of World War II the Pacific War).
At that battlefront, giants like Netflix and Disney spend boggling amounts of money and rack up mind-numbing debts. On the periphery, several smaller battalions like Tubi and Vudu wield their ad-funded service weapons. And scattered about it all, minor militias scurry in search of a patch to claim their own.
Orby TV thinks it's found one -- starting at about $40 a month compared to more high-priced competitors.
Michael Thornton, CEO of Orby TV and UCLA Anderson Alum