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HBO Max to launch in Europe on Oct 26

The HBO Max streaming service will be available in six European countries on Oct. 26 and will launch in 14 additional territories next year, AT&T (T.N)- owned WarnerMedia said on Wednesday.

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The service will be available in Spain, Norway, Sweden, Denmark, Finland and Andorra and will include films and series such as “Harry Potter,” “Game of Thrones” and “The Big Bang Theory.” The company will announce pricing and additional content details in October.

Streaming services are expanding overseas in a bid to grow subscribers as the U.S. market slows. Being early to market is important because of the widely held view that consumers will subscribe to several – but not all – available streaming services.

Europe is WarnerMedia’s second international rollout of HBO Max, which debuted in the United States last year. In June it launched in 39 territories in Latin America and the Caribbean, where the company is selling two subscription plans, starting at $3 per month.

In July WarnerMedia Chief Executive Jason Kilar told Reuters that HBO Max subscriber growth in Latin America will exceed the absolute number of subscriber additions in the U.S. market over the second half of this year and that he “wouldn’t be surprised” if that trend persists into 2022.

On a call with analysts the same day, AT&T raised its forecast for global HBO Max subscribers to between 70 million and 73 million by the end of the year. It previously expected 67 million to 70 million subscribers. read more

The service’s expansion comes as AT&T is preparing to close a deal to combine its media content with Discovery (DISCA.O) and focus on its original business of providing phone and internet services. Reuters

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