HBO's 'Insecure' on Netflix, as licensing deal moves forward
Joaquin Ossorio-Castillo
HBO comedy Insecure is now streaming on Netflix (NASDAQ:NFLX) as the subscription-video firm and Warner Bros. Discovery (NASDAQ:WBD) went forward with a deal to license HBO shows to a streaming rival to its Max service.
WBD and Netflix wrapped a reported licensing deal late last week, THR
noted.
That deal will also include permitting Netflix to stream Band of Brothers, The Pacific, Six Feet Under, and Ballers, as well as True Blood outside the U.S.
While the new development is notable in the era of streaming strategic moves, it's long been practice in the TV world for media companies to make a show that is licensed to appear on another company's network -- though HBO has rarely done so.
Meanwhile, the co-exclusive nature of the HBO/Netflix deal means the licensed shows will appear on both platforms, while gaining WBD some flexibility as it looks to slash costs tied to some $50B in debt, largely from the merger that created the company.
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