HBO Max Expands in December Quarter – Report
January 10 2022 - 04:49AM
TipRanks
The holiday season provided a boost to WarnerMedia’s HBO Max
streaming services. It gained momentum by increasing the number of
subscribers through the holidays despite an industry
slowdown. WarnerMedia is a mass media company owned by
AT&T (NYSE: T), the world's largest telecommunications
company and the largest provider of mobile telephone services in
the U.S. Notably, last May, AT&T inked a deal to sell off
the WarnerMedia unit and merge it with media company Discovery
(DISCA). The deal is on track to conclude in mid-2022.
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