Warner Bros. Discovery saw a 4% decrease in revenue and a loss of 1.8M subscribers in the second quarter 2022.
HBO Max
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HBO Max raises prices $1 a month for its ad-free tier and removes content that doesn’t attract new subscribers.
Fifteen months after leaving the Amazon Prime Video platform, HBO Max returns at $14.99 a month.
Warner Bros. Discovery reported a $(3.4) billion loss for Q2 and revealed a Discovery-HBO max merger next summer.
HBO and HBO Max grow to 76.8M global subscribers, an increase of 12.8M year-over-year.
WarnerMedia’s HBO and HBO Max ended the year with 73.8M total global subscribers, beating the company’s 2021 forecast.
Discovery, Inc. added 3M subscribers to its direct-to-consumer streaming subscriber base in Q3 2021, bringing total to 20M.
In AT&T’s Q3 2021, WarnerMedia reports total revenue of $8.4B, a 14.2% increase, including subscription revenue of $4B, a 14.7% increase.
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In its Q2 2021 financials, AT&T’s WarnerMedia reported strong revenue and subscriber growth, driven by HBO Max.
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