Astro tie-up with WBD seen as a positive move

“This could lower Astro’s content cost risks and build more incremental revenue," said CGS-CIMB Research analyst Kamarul Anwar.

PETALING JAYA: CGS-CIMB Research is hopeful over the teaming-up of Astro with Warner Bros Discovery Inc (WBD) of the United States, in relation to it’s offer of the latter’s streaming service Max.

Max is a combination of the content of HBO Max and Discovery+, and will be made available in the United States by WBD on May 23, while the rest of the world will have access to the new service some time next year.