Can HBO Maintain Its Success in 2022?
AT&T (NYSE: T) shared some details about its HBO Max business ahead of an investor conference earlier this month. The video-on-demand service, combined with the legacy premium cable network, ended 2021 with 73.8 million global subscribers, above management's most optimistic guidance of 73 million. The numbers indicate HBO added about 4.4 million subscribers in the fourth quarter.
That's certainly good news. But the announcement is lacking some key details, including a breakdown between HBO and HBO Max as well as domestic vs. international subscribers. Moreover, investors will need to know if it can repeat its performance in 2022.
Image source: HBO.
Source Fool.com
