Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels teased that a TNT sports app is in the works and will debut after the Discovery Global-Warner Bros. split next year.
The direct-to-consumer streaming platform will also be available as a bundle, the Discovery Global CEO-elect said on an investor conference call Wednesday.
“We’re working on creating our own TNT sports app, which is going to be available as a streaming product,” he said. “But importantly, also as a bundle option, internally with Discovery+, or not-so internally anymore with HBO Max, but we are also open to other partners in the industry.”
The CEO-elect added that the company plans to leverage its partnerships with sports social media strongholds Picture Report and House of Highlights.
Wiedenfels said that sports are a core part of the company’s strategy post-split as all sports viewing opportunities are coming off of HBO Max. As for the company’s sports portfolio, home to March Madness, the NBA and Nascar, Wiedenfels said he was happy with it as it stands now and does not anticipate adding any more to the plate unless something special comes along.
“We’re always going to continue looking at everything that comes to the market, and in many cases, you’re going to see us say no, because you have to be incredibly disciplined in that space,” he said.
“I’d love the portfolio as it stands right now,” the CEO-elected added. “And if there are rights that become available as everybody is kind of reshuffling their strategies, we’ll be there, and we’ll take a look, and if we can generate some shareholder value off of it, we’ll be in business.”
More to come…
