Categories: Business

HBO Max Hopes To Add More Subscribers As Warner Bros To Produce Over 10 Films Exclusively For The Streaming Service

HBO Max has been getting new subscribers over the past year and the streaming service is hopeful of adding more in the coming days with the help of exclusive content provided by Warner Bros. The American entertainment company has said that it would produce over 10 movies exclusively for HBO Max next year. Speaking during the second-quarter earnings call of AT&T, WarnerMedia CEO Jason Kilar said HBO Max cannot ignore the success of at-home viewing. Kilar also said that theatrical releases are significant for the company. WarnerMedia caught everyone by surprise with a day-and-date release model for HBO Max and big screens. The feature allowed the release of the feature films on both big screens as well as on the streaming platform on the same day.

However, this strategy will not be seen in 2022. Next year, films that will be released in theatres will run exclusively on big screens for at least 45 days. Similarly, films that are made for HBO Max will be released on big screens only at select locations, and that too when those movies have the potential to be Oscar contenders. Commenting on the distribution strategy of the company, Kilar said that there is no way the world is going back to the period of 2015 or 2016. “I want to say this, and I have said this before publicly, that we are going back to the period of 2015 or 2016. This is the period when the window between theatrical release and home exhibition was quite lengthy.”

Meanwhile, HBO and HBO Max have added over 10 million new subscribers in the past year. With this, the combined subscribers of the services are 67.5 million. Out of this, 47 million subscribers of the services are only in the United States. Warner media, which is owned by AT&T, expects this number to grow to above 70 million by the end of this year. On the other hand, Netflix, which is the market leader, has a total of 209 million subscribers. Out of this, around 66 million are in America. However, Netflix is facing tough competition from rivals including Disney Hotstar and the growth in terms of subscribers seems to have reached a saturation point.

Elizabeth Moseley

Recent Posts

Epoxy Composites Market Is Encouraged To Reach USD 80.8 Billion by 2033 at a CAGR of 7.7%

Introduction The global Epoxy Composites Market is poised for robust growth, expected to expand from…

4 months ago

Hydrotreating Catalyst Market To Reach USD 4.3 Billion by 2033 | CAGR 4.5%

Introduction The global Hydrotreating Catalyst Market is experiencing significant growth and is projected to reach…

4 months ago

Phosphates Market Expected To Reach USD 64 Billion in 2033, Set To Surge with a 2.7% CAGR

Introduction The global Phosphates Market is poised for steady growth, with its size expected to…

4 months ago

Redispersible Polymer Powder Market Expected To Reach USD 5 Billion in 2033, Set To Surge with a 6.3% CAGR

Introduction The global Redispersible Polymer Powder Market is projected to experience significant growth over the…

4 months ago

Copper Clad Laminates Market Size To See Promising Growth | Projected at USD 29.6 Billion by 2033

Introduction The global Market for Copper Clad Laminates (CCL) is poised for substantial growth, with…

4 months ago

Cosmetic Emulsifier Market Is Encouraged To Reach USD 1298 Million by 2033 at a CAGR of 6.9%

Introduction The global Cosmetic Emulsifier Market is anticipated to expand significantly from USD 712 Million…

4 months ago

Water Clarifiers Market Growth (USD 12.5 Billion by 2033 at 6.0% CAGR) Global Analysis by Market.us

Introduction The global Water Clarifiers Market is projected to expand from USD 7.4 Billion in…

4 months ago

Particle Board Market Is Expected To Reach USD 34.8 Billion By 2033 | CAGR 3.7%

Introduction The global Particle Board Market, valued at USD 24.2 Billion in 2023, is anticipated…

4 months ago

Trenchless Pipe Rehabilitation Market Growth (USD 16.7 Bn by 2033 at 6.3% CAGR) Global Analysis by Market.us

Introduction According to Market.us, The global Trenchless Pipe Rehabilitation Market is poised for significant expansion,…

4 months ago

Geohazard Market Size Is To Grow at a CAGR of 5.2%

Introduction The global Geohazard Market, focused on assessing and mitigating geological risks such as earthquakes,…

5 months ago

Non Alcoholic Tequila Market Growth (USD 207.4 Mn by 2033 at 9.0% CAGR) Global Analysis by Market.us

Introduction The Global Non-Alcoholic Tequila Market is poised for significant growth, anticipated to expand from…

5 months ago

Butyl Methacrylate Market Size to Reach USD 449.6 Million by 2033 – Rise with Steller CAGR 10.7%

Introduction The global Butyl Methacrylate (BMA) Market, with its broad scope of application across key…

5 months ago

Bio Butanol Market To Offer Numerous Opportunities At a CAGR Of 8.3% Through 2033

Introduction The global Bio-Butanol Market is set for significant expansion, with projections suggesting growth from…

5 months ago

Hybrid Composites Market to Reach USD 3277.4 Million Globally by 2033 at a CAGR of 15.1%

Introduction The global Hybrid Composites Market is poised for robust growth, projected to expand from…

5 months ago

Global Polyhydroxyalkanoate (PHA) Market Size To Exceed USD 389.2 Million By 2033 | CAGR Of 12.2%

Introduction The Polyhydroxyalkanoate (PHA) Market is poised for substantial growth over the next decade, driven…

5 months ago

PMMA Recycling Market is Projected to Expand at a Robust CAGR of 6.73% of 2033

Introduction The PMMA Recycling Market is poised for significant expansion from 2023 to 2033, with…

5 months ago

Reflective Polarizing Films Market is Estimated to Grow at a CAGR of 19.3 % between 2023 to 2033

Introduction The Global Reflective Polarizing Films Market is poised for substantial growth, projected to expand…

5 months ago

Mexico Biostimulants Market Size To See Promising Growth | Projected at USD 155 Million by 2033

Introduction The Mexico Biostimulants Market, valued at USD 48 Million in 2023, is projected to…

5 months ago

Nylon Market Size To Worth USD 60.3 Billion By 2033 | CAGR Of 5.8%.

Introduction The global Nylon Market, valued at USD 34.3 Billion in 2023, is poised for…

5 months ago

Acrylic Acid Market Expected To Reach USD 20.8 Billion in 2033, Set To Surge With a 4.4% CAGR

Introduction The global Acrylic Acid Market, valued at approximately USD 13.5 Billion in 2023, is…

5 months ago