The knocks on AT&T have a more-tangy aftertaste
1-Its legacy landline business and DIRECTV are fading.
2- WM & wireless it's so desperate to make HBO Max work that it's giving away the premium streaming service to its smartphone customers.
3- It raided its next 13 months of theatrical releases to give the streaming platform day-and-date access to its multiplex slate mostly for free.
4- None of this will be enough to get HBO Max to the Disney level HBO Max may have just 8.6 million activations, but that's just 23% of the combined HBO and HBO Max subscribers.
5- If AT&T can get all of its old-time HBO accounts to make the migration to HBO Max will costs roughly twice as much Disney+, so on a revenue basis.
6- HBO Max will eventually learn that it will need more than raiding the WarnerMedia release slate to keep up with the big boys.
7- Recently Downgraded again. AT&T IS not competitive in the 5G to market, as its been buried by T-Mobile.
Just as Disney+ wowed investors by announcing 10 Marvel and 10 Star Wars series earlier this month, HBO Max will have to squeeze its intellectual properties to make lemonade. HBO can't just fight the way it did to get to the top of the premium-cable realm.
Gameover by 2022!