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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Arts & Entertainment

HBO Max Will Offer Live News and Sports—Eventually

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
July 24, 2019, 12:07 PM ET
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Courtesy of WarnerMediaCourtesy of WarnerMedia
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WarnerMedia is looking to differentiate HBO Max, its upcoming over the top service.

AT&T Chairman and CEO Randall Stephenson told investors Wednesday the streaming service will offer live news and sports programming, though they might not be offered right out of the gate. (WarnerMedia is an AT&T holding.)

“You should assume that ultimately HBO Max will have live elements: Unique live sports and premium sports,” Stephenson said. “Those are going to be really, really important elements for HBO Max. The same with news.”

HBO Max is set to launch next Spring and will include content from both HBO and other Warner Bros. shows, including Friends. It’s the latest in a series of streaming services as entertainment companies look to connect directly with consumers. Disney, Apple and Comcast are also working on offerings, each of which will require a separate subscription. All offer original programming, but few offer live events, like sports or news.

Stephenson didn’t offer specifics on the live programming the network would offer, but WarnerMedia has existing relationships with Major League Baseball and the NBA that could work into the plans. AT&T also owns CNN.

“There’s a lot of opportunity to take advantage of the unique content deals that we have within WarnerMedia,” he said.

The company will offer more details about HBO Max on Oct. 29, it said.

More must-read stories from Fortune:

—Netflix isn’t in trouble without Friends. It just needs to work harder

—Could A24’s The Farewell be this summer’s biggest indie success story?

—Classic rock is reanimating Summer 2019’s movies

—How Marvel pictures the future post Spider-Man and Endgame

—Listen to our new audio briefing, Fortune 500 Daily

Follow Fortune on Flipboard to stay up-to-date on the latest news and analysis.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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