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Re:AT&T Is Dragging HBO's Streaming Strategy Out of the Dark... by Retric on Friday March 15, 2019 @12:59PM (#19401618)
HBO was mostly showing Movies aka 3rd party content. Their original content was largely differentiation so people had a reason to pay for HBO over Stars becase they both had movies but only HBO had the Sopranos.

In that context having a small number of very high quality shows works well. But, exclusive high quality moves are really expensive.

Over the next 45 years AT&T does not want to produce a lot of content, they simply can’t stay competitive without a lot of new content.

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