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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Streaming war: Warner Bros Discovery raises the stakes

Warner Bros Discovery plans to offer live sports at no extra cost on its Max service this year, say media outlets, including Bloomberg. IG financial analyst @AngelineOng looks at why this matters in the global streaming battle.

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(Video Transcript)

Streaming wars heat up

The streaming battle is heating up. Warner Bros. Discovery is planning to offer live sports at no extra cost on its Max streaming service for a short period later this year. This is according to media outlets, including Bloomberg.

However, customers will have to pay an added cost for sports on the platform starting next year, says the report, citing people familiar with the matter.

All this comes at a crucial time when many players like Apple and Amazon are muscling in on a space that, if you remember, used to be monopolised by Netflix.

Sport is the new battleground

Now the new battleground is sport, and it's hoped that by offering bundles like we saw with Jio and Cricket, you can lure new subscribers in, or at least stop them from leaving.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

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