HBO Max to Roll-Out Lower Cost Streaming Service in 2021

HBO Max, the streaming service operated by AT&T's (NYSE: T) WarnerMedia, will roll out a lower-cost version of its platform in 2021. 

John Stankey, AT&T's new CEO who takes the reins as AT&T's CEO on July 1, told CNBC an advertising-supported version of HBO Max is in the works. As it stands, the service, which went live Wednesday, costs $14.99 a month, making it the most expensive streaming offering on the market. HBO Max is taking on Netflix, Amazon's Prime Video, and Walt Disney's Disney+ in the streaming content market. 

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Source Fool.com