WarnerMedia shutting down streaming service FilmStruck

Turner and Warner Bros. Digital Networks, both part of AT&T's WarnerMedia dvision, announced on Friday that it’s shutting down FilmStruck, the indie film streaming service Turner launched in 2016.

On the service’s website, FilmStruck says the last day of service will be Nov. 29 and that new subscribers are no longer being accepted. All current subscribers will receive an email with more details about the closure and possible refunds.

“We would like to thank our many fans and loyal customers who supported us. FilmStruck was truly a labor of love, and in a world with an abundance of entertainment options—thank you for choosing us,” the website reads.

Turner said in a statement that’s proud of the work the FilmStruck team did over the past two years.

“While FilmStruck has a very loyal fanbase, it remains largely a niche service. We plan to take key learnings from FilmStruck to help shape future business decisions in the direct-to-consumer space and redirect this investment back into our collective portfolios,” Turner said.

RELATED: Warner Archive SVOD shutting down, subscribers being transitioned to FilmStruck

The closure of FilmStruck comes just days after AT&T, which recently completed its acquisition of Time Warner and renamed the business WarnerMedia, also shut down Korean television streaming service DramaFever.

“Today, Warner Bros. Digital Networks will be closing its DramaFever OTT service due to business reasons and in light of the rapidly changing marketplace for K-drama content, a staple of the service’s programming,” the service said in a statement.

As WarnerMedia scales down its stable of streaming services, the company is making plans to launch a new streaming service in 2019. The service will use content from Turner, HBO and Warner Bros.

This article was updated to clarify that Turner and Warner Bros. Digital Networks, not AT&T, made the decision to shut down FilmStruck.