helped the telco and media giant beat Wall Street expectations in the quarter. Adjusted earnings of 86 cents a share rose 2% and beat analysts’ consensus forecast of 86 cents.HBO Max, the nearly year-old streaming service available at no extra cost to HBO subscribers, propelled the overall HBO number to 44.2 million subscribers. Average revenue per user was $11.72.
Debt continues to be a concern about AT&T among many investors, and the company has struggled to chip away at it since acquiring Time Warner for $85 billion in 2018. Net debt in the quarter rose to $169 billion from $148 billion in the fourth quarter of 2020, largely due to payments related to a C-band spectrum auction.
Last year, WarnerMedia decided to prop up HBO Max, which did not gain early traction amid the pandemic, by putting Warner Bros movies on the service at the same time they debut in theaters. The release approach, which stunned Hollywood, will hold true for the entire 2021 slate. Management has explained it as a response to theater shutdowns during the coronavirus pandemic.has been the biggest at the box office during the pandemic, closing in on $100 million in the U.S. and $400 million worldwide.
Apart from Zack Snyder's Justice League and GVK every other thing is unnecessary and unwatchable. RestoreTheSnyderVerse
GraceRandolph huge win for Wonder Woman 1984! 4.6m vs 2.7m (for *BOTH* GVK and Snyder Cut) 👏🏻
Gotta wonder how much of that is folks looking to watch Godzilla and the Snydercut, who won't renew after.
GodzillaVsKong did way better in theaters than it did on HBO Max! The Snyder Cut deserved better & This deal is backfiring so hard not even half a year in now! No wonder why WB saw the signs & are doing a way better deal in 2022! Mortal Kombat is gonna follow the same path too!
Top 10 interesting and horrific facts about Vikings
Thanks to SnyderCut . ATT it's RestoreTheSnyderVerse
2.7x14.50 = 39.15m extra monthly
Those numbers include both GvK and SnyderCut, but watch how film Twitter will attribute all that growth to GvK. Either both the movies were successful, or both were disappointing. Choose one narrative.