WarnerMedia buys remainder of HBO’s services in Latin America, the Caribbean and Brazil!

WarnerMedia buys remainder of HBO's services in Latin America, the Caribbean and Brazil!

In October 2019, the WarnerMedia had announced that the launch of its streaming, The HBO Max, would arrive in some Spanish-speaking countries in Latin America and the Caribbean, and had left Brazil out.

But with the approval of the merger of ATT, which is part of WarnerMedia, with the Sky at the beginning of the year, it seems that the agreements have changed.

So much so that today (5) WarnerMedia announced that it has completed the acquisition of minority shares of Ole Communications at HBO Ole Partners and HBO Brasil Partners, a company joint ventures between WarnerMedia and Ole Communications. WarnerMedia now owns 100% of the brands and services of HBO, Cinemax, and HBO Go in Latin America, the Caribbean and Brazil.

The following are part of WarnerMedia’s umbrella: HBO, Warner Bros., TNT, TBS, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and truTV.

THE HBO Latin America will report to Gerhard Zeiler, the President of WarnerMedia & President, WarnerMedia International Networks.

“We are happy to complete this strategic acquisition, which will allow us to understand WarnerMedia’s potential in Latin America, creating more value for fans, our partners, and content creators” says Zeiler.

The executive continues “First, with this acquisition, we plan to launch localized versions of our next streaming service to be launched in the U.S., HBO Max, for consumers across the region.”

WARNERMEDIA ANNOUNCES HBO MAX, ITS OWN STREAMING SERVICE, WITH FRIENDS AND ORIGINAL PRODUCTIONS!

Separately from this acquisition, WarnerMedia and Ole Communications will continue to distribute the channel in Latin America.

WarnerMedia’s streaming service arrives in the U.S. on May 27.

Check out the series and movies that will be available on HBO Max, Warner Bros’ new streaming service

New countries have not been announced.

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