However, it's a notable move considering that the service would be a heavy hitter in scripted entertainment with HBO and in the unscripted entertainment realm with Discovery+.

The company said that in the second quarter of 2022, HBO, HBO Max and Discovery+ had a combined 92.1 million subscribers, which is up 1.7 million subscribers from the prior quarter.

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The company said that it would announce more information around the service at an investor event it plans before the end of the year.

As for the company's second quarter results, it reported $9.8 billion in revenue and a substantial loss of $3.42 billion. The company's stock fell in after hours trading by roughly 12%.

However, it's a notable move considering that the service would be a heavy hitter in scripted entertainment with HBO and in the unscripted entertainment realm with Discovery+.

The company said that in the second quarter of 2022, HBO, HBO Max and Discovery+ had a combined 92.1 million subscribers, which is up 1.7 million subscribers from the prior quarter.

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The company said that it would announce more information around the service at an investor event it plans before the end of the year.

As for the company's second quarter results, it reported $9.8 billion in revenue and a substantial loss of $3.42 billion. The company's stock fell in after hours trading by roughly 12%.