AT&T said its HBO Max streaming service will launch in May, joining a crowded field. The company has said HBO Max will become the "workhorse" for its video business as cord-cutting of traditional TV expands. The service grew out of AT&T's $81 billion purchase of Time Warner, which AT&T has overhauled and rechristened WarnerMedia. HBO Max will challenge Netflix alongside Disney, Comcast and Apple . It has not yet announced pricing. But the company said at a Tuesday event that it will launch a version of HBO Max with ads in 2021, a new twist for a brand that is known for its lack of ads. The company wants to reach 50 million subscribers in the U.S. by 2025. The ser...
Keep on reading: AT&T says HBO Max streaming service will launch in May
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