HBO’s new business strategy is excellent news for aspiring actors.
According to reports, HBO is in the middle of making some significant moves in the entertainment and media industry. More specifically, the company will be focusing on their targets by creating more content to compete with their biggest competitor Netflix. Following AT&T’s acquisition of Time Warner, HBO’s parent company, both Warner Media CEO John Stanley and HBO CEO Richard Plepler have discussed creating more original content.
The network has had a different approach to entertainment than Netflix. The company focused on creating acquiring favorite movies and investing large sums of money on a few shows. For instance, their philosophy, according to Plelper was, “more is not better, only better is better.” However, in a recent report by The New York Times, Plepler is changing his business model, “I’ve said, ‘More is not better, only better is better,’ because that was the hand we had. I’ve switched that, now that you’re here, too: ‘More isn’t better, only better is better — but we need a lot more to be even better.’”
Currently, HBO Now has an estimated 142 million subscribers worldwide. If the company is focusing on creating more original TV shows and movies, this will, in turn, create more opportunities for aspiring actors.
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