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The new combination of WarnerMedia and Discovery Networks will have projected global revenues of $52 billion a year, which will make it twice the size of Netflix.
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AT&T is spinning off WarnerMedia just three years after they acquired the company.
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HBO Max and HBO gained 2.7 million customers during the first quarter of 2021.
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HBO Max has been hobbled by tech delays, exec changes, brand confusion and — most damaging of all — carriage disputes with Roku and Amazon.
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The Streaming Wars will have many winners, and HBO Max looks likely to be among them.
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John Stankey revealed that the company lost $1.2 billion in revenue last quarter on HBO Max, but he believes that the service is a good long-term investment.
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HBO subscribers are about to get a whole lot more content for no additional cost.
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"What we're trying to do is curate the best of what we have so that we're not just putting 50,000 hours out there and good luck to finding what you...
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There is an obvious answer—to add subscribers while Netflix increases prices—but is there anything deeper than that?
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WarnerMedia named Brian Bentley as general manager and exec VP of direct-to-consumer development to oversee the streaming service.
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Here are three things HBO should consider that might satisfy their new phone overlords while retaining their standing as the leaders in prestige television.