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22 April, 2022

HBO and HBO Max added 13 million subscribers last year, as Netflix’s growth slowed

22 April, 2022

Earlier this week Netflix reported quarterly earnings results that showed its subscriber numbers dropping for the first time in a decade, but not every streamer is experiencing that kind of pullback. Even though AT&T has offloaded HBO and the rest of WarnerMedia to their new home with Discovery, it still had one more set of subscriber numbers to reveal with its own earnings report Thursday morning.

The numbers showed HBO added nearly 13 million subscribers last year across both traditional HBO and HBO Max, including growth of three million in the last quarter. Now both services combine for 76.8 million subscribers worldwide, which is still dwarfed by Netflix’s 221.64 million subscribers and even the most recent Disney Plus count of 129.8 million. As we noted in January, HBO Max is doing great… according to HBO Max.

AT&T Q1 2022 report:

At the end of the quarter, there were 76.8 million global HBO Max and HBO subscribers. Global HBO Max and HBO subscribers increased 12.8 million year over year and were up 3.0 million sequentially, primarily driven by international as well as domestic retail subscriber gains reflecting strength of the programming slate. At the end of the quarter, there were 48.6 million domestic HBO Max and HBO subscribers versus 44.2 million in the year-ago quarter, up 4.4 million year over year.

Source: https://www.theverge.com/2022/4/21/23036309/att-earnings-hbo-max-subscriber-growth-2021

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