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Saturday, June 12, 2021

‘Friends’ Reunion' Big Draw for HBO Max Sign-Ups


HBO Max’s highly anticipated “Friends: The Reunion” was responsible for the largest single-day sign-ups for the WarnerMedia-backed streaming service this year, outpacing “Godzilla Vs. Kong” and “Mortal Kombat,” according to The Wrap citing data released Friday by the market measuring firm Antenna.

The “Friends” reunion — the first time the main cast were all in the same room together since the NBC comedy’s series finale 17 years ago — overindexed when it came to female sign-ups. Over the three days since its May 27 premiere, new female subs accounted for 57% of the total new sign-ups, compared to 43% over the previous eight weeks, according to Antenna.



The “Friends” reunion was a major programming push for HBO Max. It was initially supposed to be available on the service’s launch day last year, but filming, which took place at the Warner Bros. lot where the show was filmed, was delayed multiple times due to the COVID-19 pandemic. It ended up airing a full calendar year later than originally planned.

As of the end of March, WarnerMedia reported 44.2 million subscribers for HBO and HBO Max in the U.S. Of those, parent company AT&T said that 40 million are considered subscribers of HBO Max in some form, and 30.9 million of them are “wholesale” subscribers, meaning that they get access to HBO Max through an existing HBO subscription or as part of a bundle with other AT&T services. However, it is not clear if all of those 30.9 million have “activated” their subscription, and this number only grew by 150,000 in the first quarter — which suggests that WarnerMedia is maxing out on the available pool of existing subscribers to convert.

AT&T, which is spinning off WarnerMedia into a merger with Discovery next year, will report its next earnings in July or August, so we’ll get a better indication of how many new customers “Friends” brought in. But so far, the wait appears to have been worth it.


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