Warner Bros. Discovery is feeling the effects of the Max merge.

HBO Max was renamed Max, and Warner Bros. Discovery lost subscribers::Warner Bros. Discovery lost 1.8 million subscribers in the second quarter of 2023 following HBO Max’s rebrand to Max. The company now has 95.8 million subscribers across all of its services.

  • AllonzeeLV@lemmy.worldEnglish
    741·
    1 year ago

    I had HBO in some form for 20 years, the many things they did to destroy HBO’s dna in the name of short term profit ended that loyalty.

    They shelved projects people worked on, that is their professional reputation, for a tax break.

    They cancelled series that legions of fans were invested in.

    The CEO even crowed about how great it will be to start generating cheap to produce “reality” show garbage instead of quality content.

    Insatiable, capitalistic greed just turns whatever it touches to shit. A race to the bottom.

    • TenderfootGungi@lemmy.worldEnglish
      6·
      1 year ago

      HBO was known for low volume but high quality content. I think Apple is trying to copy them (at exceedingly low volumes), but there is really no other service in that space.

      • Techmaster@lemmy.worldEnglish
        1·
        1 year ago

        Disney+ is similar. Obviously they have the massive library of movies, but their TV shows have been fairly similar to Apple TV.