In spite of industry slowdown HBO Max records growth
By MYBRANDBOOK
HBO Max streaming service gained subscribers through the holidays, defying the slowing pace of growth at some rival services, thanks to a programming lineup that included the revival of its popular “Sex and the City” series and newly released films such as “The Matrix Resurrections.”
HBO ended the year with 73.8 million subscribers to its streaming service and namesake cable network, up from 69.4 million in September. These gains, together with the addition of nearly 900,0000 paying monthly phone subscribers, sent shares up 3% to $26.46 in midday trading.
WarnerMedia CEO Jason Kilar, in an interview said, “I do believe the ceiling on streaming services is much higher than we’ve seen to date. This is going to quickly become, for storytelling companies, a three-horse race.”
HBO Max still has a long way to go to catch market-leader Netflix Inc , with its 214 million subscribers, and Walt Disney Co's (DIS.N) Disney+, with 118 million. Disney’s growth slowed down in the company’s fiscal fourth-quarter, prompting one banker to downgrade the stock. Disney+ added just 2.1 million in the October quarter.
WarnerMedia’s HBO Max logged gains as it expanded the service’s reach from a single market, the United States, to 46 countries. Kilar said global expansion would continue this year, with the goal of eventually reaching 190 countries.
BREAKING NEWS
TECHNO TRENDS
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
E-Magazine
TECHNOTAINMENT
Airtel Xstream Play strengthens regional content library, part
Bharti Airtel (“Airtel”), one of India’s leading telecommunications
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
MOVERS & SHAKERS
Clover Infotech appointed Subham Banerjee as CDO
Clover Infotech has announced the appointment of Subham Banerjee as its Ch
Saviynt ropes in Sanjeevi Kumar as new Sales Director in India
The cloud-native identity and governance platform solutions provider Saviy
OPEN YOUR EYES
INTERVIEWS
HPE’s transformation into an edge-to-cloud company is its un
Hewlett Packard Enterprise (HPE) is driving towards one customer experience
CommScope celebrates its 25 years of legacy in India by contin
A strong brand must also reflect the company values and speak exactly what
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
NETWEB TECHNOLOGIES INDIA LTD.
HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
FIREBOLTT
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Sunil Bharti Mittal
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
Technology Icons Of India 2023: Rajeev Chandrasekhar
Rajeev Chandrasekhar is the Union Minister of State for Electronics an...
Technology Icons Of India 2023: Hari Om Rai
Hari Om Rai is the Co-founder, Chairman & Managing Director of Lava In...
PARTNER SPEAKERS
PSU
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
NIC bridging the digital divide and supporting government in eGovernance
The National Informatics Centre (NIC) is an Indian government departme...
VIDEOS
Top 25 Brands
Value-Added Distribution
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...
ACCERON INFOSOL PVT. LTD.
It is a leading value added distributor in the IT security space and h...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
.jpg)
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
