https://techcrunch.com/2022/04/21/hbo-max-and-hbo-gained-3-million-subscribers-in-q1-as-netflix-reports-subscriber-decline/

AT&T for the last time reported results for its entertainment business, with its Q1 2022 earnings out this morning. The company, which unloaded its WarnerMedia division earlier this month, still operated the business in the first quarter. The company said HBO Max and HBO ended March with total global subscribers of 76.8 million, up 12.8 million year-over-year, and up 3.0 million from the prior quarter. Furthermore, HBO and HBO Max domestic subs reached 48.6 million as of March 31, up 1.8 million from 46.8 million as of the end of 2021 and an increase of 4.4 million year-over-year.

The growth for HBO Max and HBO is a stark contrast to Netflix’s Q1 results reported on Tuesday, with a loss of 200,000 subscribers — and a likely hint as to how some of Netflix’s potential growth was lost.