"Westworld" Is No Longer Available on HBO Max: Here's Why Investors Should Pay Attention
Fans of Westworld might find themselves in a dystopia after the series was suddenly canceled and removed from the HBO Max streaming service.
Warner Bros. Discovery (NASDAQ: WBD) plans to license the series, and several others, to free ad-supported streaming television services (FASTs), so fans will have to add another streaming service to what might already be a bloated bunch. For the parent company, though, it's a smart money-saving move that can maximize the value of its content library and support the upcoming changes to its streaming strategy.
Warner Bros. CEO David Zaslav has been ruthless in his cost-cutting measures since taking over the combined company earlier this year.
Source Fool.com