AT&T to pull Friends from Netflix for its streaming service
NEW YORK — AT&T is pulling “Friends” from Netflix to beef up its own upcoming streaming service. With new services launching, popular shows are splintering onto several different platforms.
The wireless company, which owns the WarnerMedia entertainment business, also said Tuesday that its service will be called HBO Max. It will launch widely in spring of 2020.
As more companies — Comcast, Apple, Disney — unveil their own streaming services, they’re trying to make them more appealing with exclusive shows and deep libraries. Entertainment companies are pulling some of their stuff from Netflix to stock their own services. It’s not clear, of course, how successful those services will be, and they are losing out on licensing revenue by pulling their content.
Comcast’s NBCUniversal said last month it would keep “The Office,” Netflix’s most popular show, for itself starting in 2021. Its service debuts in 2020. Disney’s upcoming service will be the exclusive streaming home for its big movies.