By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: HBO Now Has 800,000 Paying Subscribers Since April Launch
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
Future

HBO Now Has 800,000 Paying Subscribers Since April Launch

srijita
Last updated: 2016/02/12 at 5:41 AM
By srijita 2 Min Read
Share
SHARE
HBO Now Has 800,000 Paying Subscribers Since April Launch

HBO Now, the standalone online version of the premium TV channel, has gained about 800,000 paying subscribers since it launched in April, contributing significantly to the 2.7 million net new HBO customers last year.

The figure was revealed by HBO CEO Richard Plepler in a conference call following the release of parent Time Warner Inc.’s quarterly earnings results.

The gains didn’t seem to wow investors, as Time Warner shares fell 3.5 percent to $61.02 in afternoon trading Wednesday.

Stifel analyst Benjamin Mogil said the 3.2 percent gain in HBO subscriber revenue was lower than the 4.7 percent rise that Wall Street expected.

Initially available for $15 a month only on Apple TV and other Apple devices, HBO Now has steadily rolled out to other platforms including Amazon, Roku, Google’s Chromecast and certain smart TVs.

Plepler said the service has yet to be offered on two major game platforms – PlayStation and Xbox, which accounts for 20 percent of viewing of the HBO Go app that is available to traditional HBO subscribers. Nor has it debuted new content it is investing in, including shows by Jon Stewart and Bill Simmons and a news show by the upstart network Vice.

“That of course will catalyze a great deal of marketing, digitally and otherwise, which we think will drive subscriptions,” Plepler said. “So, we are very excited about where we are.”

For Time Warner as a whole, revenue in the quarter through December fell 6 percent to $7.08 billion, below the $7.55 billion expected by analysts polled by Zacks. Earnings of $1.06 per share beat the $1.01 that analysts expected.

[“source-gadgets.ndtv”]

You Might Also Like

India is at the forefront of the digital revolution

How the future will be altered by artificial intelligence

Cybersecurity audit: what it is and why you need one?

Personalized advertising fuels growth and drives competitiveness for European businesses

Personalization, AI, and the future of retail

TAGGED: 000, 800, April, Has, HBO, launch, Now, Paying, Since, Subscribers
srijita February 12, 2016
Share
Previous Article WhatsApp for Android Update Finally Rolling Out With New Emojis
Next Article Microsoft Skype Teams Up With Paul McCartney for Love Mojis

Calendar

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    

Latest Trending News

  • Problems with the Alfa Romeo 166: Common Problems and Costs of Repair August 4, 2025
  • 4 Reasons to Buy a Used Car and Things to Keep in Mind August 2, 2025
  • India is at the forefront of the digital revolution August 1, 2025
  • Utilize the Advantages of Used Car Financing for Smart Investments July 30, 2025
  • Kia Sportage X-Line: Great SUV, Wrong Drivetrain July 28, 2025
  • Benefits of Purchasing a New Vehicle July 22, 2025
  • What is a Feature Article? June 27, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?