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Streaming Decline

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Warner Bros. Discovery Faces Major Shakeup Amid Channel Closures and Ratings Decline

Originally Published 7 months ago — by variety.com

Warner Bros. Discovery plans to shut down HBO Family and several Cinemax multiplex channels, including ThrillerMax, MovieMax, and OuterMax, by August 15, 2025, as part of a strategy to reduce its linear channel offerings amid declining viewership and a shift towards streaming services.