Wall Street Cautiously Bullish About HBO Max So Far

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Wall Street Cautiously Bullish About HBO Max So Far
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A day after the plans for HBOMax were unveiled, Wall Street analysts are sharing their mostly positive takeaways

John Stankey, WarnerMedia chief, speaks onstage at the HBO Max WarnerMedia Investor Day presentation on Oct. 29.

The main question Fritzsche raised was tied to execution. "How A&TT capitalizes on its embedded base of about 170 million customer relationships still needs to be seen — but the wireless subs offer low-hanging fruit and lead us to believe initial guide for sub growth is likely conservative." He praised the programming lineup and user interface, saying: "The service will include a dizzying amount of new and old content including shows and movies that are intended to cut across all key demos. The distinguishing factor with the OTT interface is its 'recommended by humans' component."

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