HBO Max Plans Global Expansion
Last Updated
This briefing has ended. Follow our latest coverage of
HBO Max is going global.
The new streaming platform, currently only available to U.S. subscribers, will launch in 61 other markets starting in June.
The company also plans to launch an advertising-driven streaming service in the United States at the same time. The announcements came Friday as part of a broader presentation outlining a set of goals for AT&T, which owns HBO.
The company hopes to reach between 120 million and 150 million total customers for HBO Max and its traditional HBO TV channel by the end of 2025, a more ambitious target compared with its previous goal of 75 million to 90 million.
Lordstown Shares Crater After Hindenburg Alleges Fake Order Mirage zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
The Lordstown-based company's stock plunged by the most in five months after the short-seller whose attack on Nikola Corp. led to its founder's departure turned its sights on the electric-truck startup. The shares on Friday, March 12, tumbled 16.5% to close at $14.78 after dropping as much as 23%, the most intraday since Sept. 24.