2 Big Changes Happening at HBO Max

AT&T (NYSE: T) added 3.6 million HBO Max subscribers in the second quarter, ending the period with 67.5 million. It's already surpassed the lower end of the full-year subscriber guidance management provided just four months ago. As a result, management's raising its subscriber outlook to 70 million to 73 million by year-end.

In light of the success, WarnerMedia is making a couple big changes to its HBO Max strategy. It plans to continue debuting new feature films on the service, and it's going to focus more on the Latin American market before further expansion.

Image source: WarnerMedia.

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Source Fool.com