the times | Monday February 21 2022 43
Business
A new stage in the streaming wars is
upon us. Netflix, the industry’s domi-
nant pioneer, is teetering while rivals
dig in. Disney is vying to maintain
momentum and Amazon is spending
$8.45 billion on MGM, the Hollywood
studio behind James Bond, as the
market grows ever more crowded.
Having set up shop at home, Amer-
ica’s newest platforms are turning to the
rest of the world. Peacock, owned by
Comcast, arrived in the UK last autumn
via Sky. Paramount+, a venture from
the Channel 5 owner Paramount
Global, will follow this summer.
HBO Max is the newest member of
streaming’s top tier, having amassed
74 million subscribers since its launch
in 2020. It is now rapidly expanding
across much of Europe, where it will
land in 15 countries next month. In
Britain, though, there’s a twist.
WarnerMedia, its owner, is keen to
bring HBO Max to the UK, according
to Jason Kilar, the entertainment
group’s chief executive. “Every indica-
tion is that consumers would love to
have it and we would love to bring it to
them.”
Alas, under a longstanding deal,
HBO serves up its vast slate of shows,
from Game of Thrones and Succession to
Curb Your Enthusiasm, exclusively to
Sky in exchange for hundreds of mil-
lions of pounds.
“That’s the current relationship,”
Kilar said, “but it’s a relationship that
has a duration and a term.”
While he acknowledged that the
future is “always unknown,” it is per-
haps the strongest signal yet that Sky’s
15-year partnership with HBO is set to
end once their latest lucrative agree-
ment expires in 2025. Sky, owned by
Comcast, declined to comment.
“We are very interested and excited
about bringing HBO Max to the UK,
when appropriate,” Kilar, 50, said in an
interview last week. The platform has
not yet reached these shores but its
shows are already making waves: last
year it reunited the cast of Friends
and revived Sex and the City.
Kilar, a self-declared “Potter-
head,” particularly enjoyed
Return To Hogwarts, an anni-
versary special released last
month. He declined to comment
on the absence of JK Rowling,
the Harry Potter author, amid
speculation that she had
been left out due to her
views on transgender
issues. “That’s obvi-
ously a decision [for]
the creator of that
retrospective,” Ki-
lar said. Repre-
sentatives of Cas-
ey Patterson, the
executive produc-
er, insisted her
company had a
“wonderful relation-
ship” with Rowling’s
team.
The writer’s team said
she was invited to partici-
pate in the documentary,
but that they decided us-
ing archive material was the
“most appropriate” option.
It is one of the many contro-
versies that crop up across a
sprawling film and television
empire. Warner-
Media spans the
Warner Bros film
studios, CNN
news network
and DC Comics
universe.
The company,
like other global
producers taking
content direct to
viewers via new
streaming ser-
vices, has faced
something of a
backlash. Re-
leasing block-
busters on
HBO Max in
the US on the very day they ar-
rive in multiplexes has angered
some operators and creators.
Earlier this month Village
Roadshow, co-producer of the
latest Matrix film, sued Warner-
Media for taking it to cinemas
and sofas simultaneously, a move it
claimed was designed to “prop up”
HBO Max. Warner Bros expressed
confidence that the dispute would be
resolved in its favour.
Kilar declined to comment on the
specific dispute, but made the case for
the fundamental changes reverberat-
ing through the entertainment indus-
try. “Audiences are the ones that get to
make these decisions,” he said. If they
want to head to a multiplex, great. If
not, they can watch at home.
“I think what we’re seeing right now
— through Covid, but also before — is
theatrically you’re certainly seeing a
move towards the spectacle.”
While Batman and Albus Dumble-
dore are expected to draw crowds to the
silver screen, Kilar reckons that other
dramas and romantic comedies are
most likely to find an audience at home.
When Harry Met Sally, the 1989 cinema
hit, “probably would be challenged” if
only run in cinemas today, Kilar
suggested. Amid intense demand for
content, however, he believes more big
budget films will be
created in the next decade than have
“ever been created in the history of
Hollywood”.
He was less forthcoming on the
subject of his own future. Kilar, who
became chief executive of Warner-
Media in May 2020, is widely expected
to depart in the coming months.
AT&T, its owner, announced last
year that the business would be merged
with Discovery, the media conglomer-
ate. Kilar was reportedly unaware of
the deal before it was signed off. He
promised to give an update on his plans
“when there is clarity”.
Should these be his final months in
post, Kilar is not sailing quietly into the
sunset. A storm broke recently when
Jeff Zucker, one of the most powerful
figures in the US media, abruptly
resigned as boss of CNN after failing to
disclose a romantic relationship with a
colleague.
Kilar had made clear that Zucker
needed to leave, according to reports,
angering some staff at CNN. Asked for
comment on claims that Zucker, 56, had
been treated unfairly, Kilar
said: “Your question is a bit of
a leading question, in that it
obviously stated things as
fact... I’ve been very and
purposefully quite limited in
my commentary on the sit-
uation. The only thing I’ve
said is that I accepted Jeff’s
resignation.”
It comes at a critical time
for the news outlet, which is
gearing up to introduce its
own streaming platform
this spring. The launch of
CNN+ “absolutely has not
been” disrupted by the exit
of CNN’s top executive,
Kilar claimed, touting the
“quality” of its team. “It’s
certainly bigger than any
one individual.”
The service WarnerMedia already
has up and running, HBO Max, will
soon be available in 61 markets.
“A lot has been written about certain
players seeing a slowdown and we just
don’t see it,” Kilar said. HBO Max is
growing faster overseas than it is in the
US, he added.
Kilar, who is not prepared to talk
about what comes next, was, however,
willing to reflect. The past 22 months
have “absolutely been the most fulfill-
ing stage of my career thus far,” he said.
“It is the most fulfilling professional
endeavour that I think — I know — I’ve
ever been associated with. And I never
take it for granted.”
So many channels to watch
It used to be so simple
before 1982: two
mainstream channels
plus BBC2.
Now there are so
many streaming
services people pay to
watch that you wonder
whether anyone still
watching Channel 5 is
doing so by mistake.
The streaming
services come in many
shapes and sizes.
Prime Video comes
as a package, and one
that is delivered by
Amazon.
Disney+ is the
new monster on
the block and if you
want to get your Star
Wars fix, that is where
you must head.
NowTV is the pick-
and-mix service for
people who have
commitment phobia to
other streaming
services.
Apple TV is one of the
newcomers, which has
been criticised by some
for not having much
worth watching but
which you know will get
its act together.
Netflix is the first
mover, the global leader
and undisputed
reigning champion,
whose status is such
that it can be used as a
verb for a night-in of
binge-watching with
your home-delivery
takeaway.
Britbox is the BBC,
ITV and Channel
4 venture whose
output is just
beginning to
annoy television
licence-payers
who wish they
would put the
best programmes
on their
mainstream
channels.
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Warner chief looks to magic up big
hits for his streaming service in UK
HBO Max is rapidly
expanding across the
Continent but with
Britain there’s a twist,
Callum Jones reports
The Matrix Resurrections, with Keanu Reeves, above. HBO’s hit Succession, below, is shown on Sky; its Harry Potter reunion was overshadowed by an absent JK Rowling
ALAMY