Some of the best-known film properties on HBO Max and Peacock are leaving those streaming services just a couple of months after launch. The eight installments of the Harry Potter series are all du…
series are all due to exit HBO Max at the end of August, just three months after they arrived on the WarnerMedia streaming service, which debuted May 27. Streaming rights had been carved out from a long-term deal with NBCUniversal for the films, which have been in regular rotation on the company’s cable networks. HBO also had previously obtained a piece of the rights.on August 1, the streaming giant disclosed in a tweet Monday.
Licensing and distribution has become a dense thicket for business affairs and legal teams to slice their way through, with properties assumed to be in-house often winding up somewhere else due to legacy dealmaking. Until quite recently — and even still, in many cases — licensing titles to third parties was the way of the world. Now, traditional companies are trying to lock up more of their own properties, though that can be expensive.
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