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Warner Bros. Discovery is starting with a strong streaming foundation.
HBO and HBO Max combined to reach 76.8 million subscribers in the first quarter of the year, a gain of 3 million from the quarter prior. While (former) parent company AT&T said that growth was primarily driven by international markets, there are 48.6 million U.S. HBO Max and HBO subscribers, a 4.4 million year-over-year gain.
The subscription additions, which AT&T attributed to a strong programming slate, stand in stark contrast to Netflix’s report earlier this week.
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