Warner Bros Discovery’s head of streaming says the broadcasting giant expects to launch its Max platform locally in 2025, putting at risk one of the most lucrative pipelines of content for Foxtel and its Binge platform.

Warner Bros Discovery produces shows like The Last of Us, Succession, Euphoria and The White Lotus through its HBO subsidiary – that programming has ended up on Foxtel because of a long-term licensing deal last renewed earlier this year and up for negotiation in 2025.