According to AT&T data, global HBO Max and HBO subscriptions grew from just under 64 million to over 69 million during the first three quarters of this year. HBO Max launched in May 2020 and was accounted for the first time in AT&T's 2020 second quarter earnings. He cited the growth in HBO from a $6 billion subscription business that had plateaued to an $8 billion run rate business that has grown 15% year over year in 2021, while HBO Max grew 2x the number of subscribers since its launch (18 months) than HBO did in the prior 10 years. "I don't think it turned out as well as the street and we had hoped," Bewkes said.ĪT&T disagrees, with a spokesman telling CNBC that "the data/facts don't align with Jeff's narrative." The $85 billion deal gave AT&T ownership over cable channels like HBO and CNN, and the Warner Brothers film studio. Instead, they replaced our management with theirs." "Because didn't have network studios we thought they would let our people guide the process. "This is a natural fit between two companies with great legacies of innovation that have shaped the modern media and communications landscape, and my senior management team and I are looking forward to working closely with Randall and our new colleagues as we begin to capture the tremendous opportunities this creates to make our content even more powerful, engaging and valuable for global audiences," he said in the 2016 deal announcement.īut the October 2016 deal was not designed "for AT&T to manage the Time Warner networks better," Bewkes said on CNBC. Personal Loans for 670 Credit Score or LowerĪt the time of the deal, Bewkes sounded more enthusiastic. Personal Loans for 580 Credit Score or Lower The soldier climbed up the tree, went through the hole, then lowered himself down to the bottom, and found himself, just as the witch had said, in a large hall where hundreds of lamps were burning.Best Debt Consolidation Loans for Bad Credit Just bring me the old tinderbox that my grandmother forgot the last time she went down there.” “No,” the witch said, “but I won’t ask you for a single penny. “But what am I supposed to give you? You’re not telling me all this for nothing.” “That’s not a bad deal,” said the soldier. He is quite a dog, believe me! But don’t be scared, put him on my apron and he won’t hurt you, and take as much gold as you want.” But the dog on this chest has eyes as big as wagon wheels. “But if you’d rather have gold, you can have that too, as much as you can carry just go into the third room, where there’s another chest full of gold. Put him on my apron, and then take as much money as you want. “If you’d rather have silver coins, you’ll have to go into the second room, where you’ll find a dog with eyes as big as dinner plates. I’ll give you my blue-checked apron spread it on the floor, then grab the dog, put him on my apron, open the chest, and take as much money as you want. “When you enter the first room, you’ll see a large chest in the middle of the floor, and on it there will be a dog with eyes as big as clocks. The keys are in the locks, so you’ll be able to open them. It will be very bright, with hundreds of lamps burning. “When you reach the bottom, you’ll find yourself in a large hall. “But what am I supposed to do once I’m down there in the tree?” the soldier asked. I’ll tie a rope around your waist, and I’ll pull you up again when you tell me to.” If you climb to the top, you’ll see a hole, and you can crawl through the hole and lower yourself down to the bottom. “Do you see that big tree over there?” the witch said, pointing. “Thank you, old witch,” said the soldier. Now I’ll show you how to get as much money as you could ever want.” “What a fine sword you have, and what a big knapsack! You look just the way a soldier should. She was very ugly, and her lower lip hung down to her breast. A soldier came marching along the road: left, right! left, right! He had his knapsack on his back and a sword at his side, because he had been to the war and now he was on his way home.Īs he marched along, he met an old witch on the road.
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