Time Warner Enjoys OTT Success, Tripling HBO Now Subscribers in 2016
Earlier this month Time Warner Inc. (NYSE: TWX) reported its fourth quarter and full-year 2016 financials. In addition to revenues of $29.3 billion, a 4 percent increase over the prior year, HBO Now has surpassed the 2 million subscriber mark, tripling subscriptions in 2016 compared to 2015. Part of its increase in subscriptions is due to 2016 product launches in Spain, Brazil and Argentina.
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