HBO Max shows growth despite industry slowdown


FILE PHOTO The logo for HBO is pictured during the HBO presentation at the Cable portion of the Television Critics Association Summer press tour in Beverly Hills California August 1 2012. REUTERSFred Prouser

FILE PHOTO: The logo for HBO is pictured during the HBO presentation at the Cable portion of the Television Critics Association Summer press tour in Beverly Hills, California August 1, 2012. REUTERS/Fred Prouser

(Reuters) - WarnerMedia’s HBO Max streaming service gained subscribers through the holidays, defying the slowing pace of growth at some rival services, thanks to a programming lineup that included the revival of its popular “Sex and the City” series and newly released films such as “The Matrix Resurrections.”

HBO ended the year with 73.8 million subscribers to its streaming service and namesake cable network, up from 69.4 million in September. These gains, together with the addition of nearly 900,0000 paying monthly phone subscribers, sent shares up 3% to $26.46 in midday trading.

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