AT&T Adds 2.7 Million HBO Max Subscribers in Q1

AT&T (NYSE: T) reported strong across-the-board results for the first quarter, but the number most people were looking at was how many subscribers to HBO Max the telecom and media giant added. The HBO numbers are a little deceiving since AT&T includes accounts that have access to HBO Max, such as previous subscribers to the legacy HBO service, but who haven't necessarily downloaded the app. For comparison, the 100 million subscribers Walt Disney (NYSE: DIS) recently reported having were those who had downloaded the Disney+ app.