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HBO Max, HBO Gain 1.9 Million Subscribers in Q3 as International Offsets U.S. Drop

HBO Max, HBO Gain 1.9 Million Subscribers in Q3 as International Offsets U.S. Drop

10/21/2021 1:31:00 PM

HBO Max, HBO Gain 1.9 Million Subscribers in Q3 as International Offsets U.S. Drop

WarnerMedia’s U.S. direct-to-consumer business took a hit in the third quarter, as it lost a net 1.8 million HBO and HBO Max customers after its deal with Amazon to carry HBO expired. But int…

WarnerMedia CEO Jason Kilar,who is expected to exit the job in mid-2022once AT&T’s deal to merge WarnerMedia with Discovery closes, has said that the decision to wind down the Amazon distribution deal for HBO was a strategic decision — so that the media company could own its customer relationships through HBO Max.

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As of Sept. 15, HBO subscriptions through Amazon Prime Video Channels officially shut down, WarnerMedia tried to with alimited-time 50% discount offer on HBO Max.WarnerMedia’s total revenue for Q3 was $8.4 billion, up 14.2% versus the year-ago quarter, driven by a 25% increase in direct-to-consumer revenue and a “partial recovery” from prior-year impact of the COVID pandemic.

The media division’s Content and Other revenue was $3.1 billion, up 31.7%, driven by higher TV licensing sales and an increase in theatrical revenue. Ad revenue fell 12.4%, to $1.4 billion, which WarnerMedia attributed to timing of the NBA season in the year-ago quarter and lower political ad spending in the most recent quarter. WarnerMedia’s operating income was $2.0 billion, up 15.2% year over year, as higher revenue and lower sports programming costs were partially offset by its continued investment in HBO Max. headtopics.com

As AT&T execs have previously told investors, the company expects most HBO Max subscriber growth in the second half of 2021 to come from outside the U.S. HBO Max in June began its global rollout, launching in 39 markets across Latin America and the Caribbean in June, and

HBO Max will come to eight European countries next weekas it begins replacing HBO-branded streaming services in those markets. Read more: Variety »

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HBO Max Names Canal+ Executive Head of French OriginalsVera Pelekian, who has worked on local-language hits 'Spiral' and 'The Returned,' will head up French original programming for the WarnerMedia streaming service. man these execs really get younger every year Wow. So young...Godspeed! Looks a tad young for the position in the post’s picture.😜

Carole King/James Taylor Documentary Directed by Frank Marshall Set for CNN and HBO MaxA documentary about the creative pairing of Carole King and James Taylor has been commissioned by CNN and HBO Max, with Frank Marshall set as director and producer, the two companies announced Frid… Is it your birthday or something? :) When?

HBO Max Names Canal+ Executive Head of French OriginalsVera Pelekian, who has worked on local-language hits 'Spiral' and 'The Returned,' will head up French original programming for the WarnerMedia streaming service. man these execs really get younger every year Wow. So young...Godspeed! Looks a tad young for the position in the post’s picture.😜

Carole King/James Taylor Documentary Directed by Frank Marshall Set for CNN and HBO MaxA documentary about the creative pairing of Carole King and James Taylor has been commissioned by CNN and HBO Max, with Frank Marshall set as director and producer, the two companies announced Frid… Is it your birthday or something? :) When?

Netflix Adds 4.4M New Subscribers in Third Quarter, Surpassing ProjectionsThe Asia-Pacific region was the largest contributor to the streaming giant's subscriber growth, though U.S./Canada bounced back from last quarter's losses by contributing about 70,000 new subscribers. All thanks to squid game

Jeff Daniels Says Iconic ‘Newsroom’ Speech Saved His CareerThe success of 'The Newsroom' was placed squarely on the shoulders of Jeff Daniels, who had two weeks to learn a last-minute Aaron Sorkin monologue placed at the beginning of the HBO pilot how did it not end his career? it's insanely bad We should also note that WE NEED ANOTHER SEASON! I love this show, that speech will always stay in my head. It was the way many of us in the US felt but nobody would say it. The Newsroom never gets old to me.