Industry News

HBO and HBO Max lost 1.8 million domestic users in the Q3 2021

21 October, 2021

HBO and HBO Max have a combined 45.2 million subscribers in the United States, AT&T revealed in its third-quarter 2021 earnings report. The number is down from the 47 million combined subscribers the company reported for its premium cable channel and streaming service at the end of the second quarter. Globally, both brands have topped 69 million customers, up 12.5 million year-over-year.

This numbers reveal that HBO and HBO Max lost 1.8 million domestic subscribers by the end of the quarter. According to the company, this is due to the “strategic decision to remove the HBO subscription from Amazon Prime Channels”.

In the breakdown of domestic subscribers, 29 million are customers who have access HBO Max through a provider, while 12.6 million are customers who subscribe directly to HBO Max (either the commercial-free or ad-supported versions). Meanwhile, international HBO Max and HBO subs come in at 24.2 million total. Financially speaking, the telecom giant reported total revenue of $39.9 billion, down nearly 6%. The company blamed the downturn on the divestiture of Directv, which took effect on July 31. Diluted earnings per share of 82 cents (87 cents on an adjusted basis) more than doubled from 2020.

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