HBO is still widely seen as a premium media brand thanks to continued hits like “Chernobyl,” “House of the Dragon,” and “The Last of Us.” However, Home Box Office isn’t all that it once was. In November 2023, it was reported that Max had lost 700,000 subscribers in the previous three months, though streaming revenue was up — possibly a result of the platform’s ad-supported subscription options.
This decline could simply be the result of a flooded market — a streaming landscape that has exploded over the last few years. There are many cheaper options, all of which also pump out similarly big-name, big-budget content.
Still, it’s hard to ignore the public response to the Max rebrand. In a media landscape where consumers are increasingly critical of the corporations creating content, HBO benefitted from a longstanding reputation of quality and artistic merit. No matter how anachronistic the Home Box Office name might seem now, many would argue it was still worth keeping ahead of the “Max.”