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US streaming rivals team up to catch Netflix

NEW YORK — US video streaming companies are joining forces to attract new viewers, boost ad sales and finally turn a profit something only Netflix has managed to accomplish so far.

Be it Disney Plus, Hulu and Max, or ESPN, Warner Brothers Discovery and Fox — the streaming world is reshaping into unlikely alliances.

ALLIANCE This illustration picture taken on April 21, 2018 in Paris shows the logo of Netflix displayed on a tablet screen with a remote control. US video streaming companies have joined forces to compete with Netflix in attracting new viewers, which the latter has done when on July 18, 2024 it said it added 8 million new subscribers in the second quarter. AFP PHOTO