HBO Now official subscriber count is 800K, disappointing investors

Richard Plepler, CEO of HBO, has finally come out with the number of subscribers to the linear version of the premium network, HBO Now. So far, total subscribership after just nine months is 800,000. That is much lower than a 2015 guesstimate by MoffettNathanson that pegged the subscriber count at 1.6 million.

The disclosure during parent company Time Warner's fourth-quarter earnings call sparked consternation among investment analysts in attendance. It also may have contributed to a 6.2 percent freefall in Time Warner's stock price immediately after earnings were announced, signaling that investors may not be too happy about those numbers.

FierceCable has the full report here.

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