08-07-2023, 18:01
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#763
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cf.mega poster
Join Date: Jan 2008
Posts: 10,719
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Re: Coming Soon to Virgin TV (2023)
From the Wrap:
Re: The TCM closure.
Quote:
"TCM Movies UK will cease to exist on July 6, 2023 TheWrap has confirmed. An individual with knowledge of the matter told TheWrap the closure is unrelated to the events concerning the U.S. version of TCM, and stems instead from a review of UK market-related linear strategy initiated after the merger that created Warner Bros. Discovery in 2022.'
From cordcutters
"It seems that Warner Bros. Discovery is joining a growing number of companies cutting back on cable TV as it focuses more on streaming."
For the UK the merger made WBD look at staff costs, plus Satellite and cable channels and they decided TCM was to go
Until Max UK launches in 2025, other than a few films on Quest, most WBD films in UK will earn money on other companies streaming services. whilst WBD concentrate on TNT Sports, Eurosport and Discovery+.
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Courtesy of hanssolo.
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