Report: HBO Max adds 635,000 Nordic subs
January 11, 2022
In October 2021, HBO Nordic was exchanged for the Warner service HBO Max in the Nordic countries. Figures from Mediavision show that this had a noticeable effect on the total number of Nordic SVoD subscriptions. Thanks to the relaunch, the service is now back on the Nordic SVoD top-three list, with an average Nordic household penetration of just below 20 per cent.
In 2019, shortly after the final season of Game of Thrones premiered, HBO Nordic reached new hights with close to 2 million subscribing households (15-74-years-olds). After that and up until the HBO Max launch, the service lost approximately 400,000 subscribing households.
Mediavision figures show that the launch of HBO Max has resulted in HBO not only regaining what was lost, but that it has also added new customers. The bounce-back amounts to more than 635,000 new subscribing households. HBO has thereby reclaimed its position as the third biggest SVOD service in the Nordics, with 2.2 million subscribing households. This is the highest number for HBO ever recorded by Mediavision.
“The launch of HBO Max has had a direct, positive, effect on the total number of Nordic SVoD subscriptions. However, the effect on household penetration is less substantial. The vast majority of the new customers already held at least one subscription to another service. This means that HBO Max has pushed ‘stacking’ on the Nordic market. This is similar to what we saw when Disney+ launched in the fall of 2020,” commented Marie Nilsson, CEO of Mediavision.
“Our conclusion is that despite a clearly maturing market in terms of SVoD household penetration, we can still expect a continuous growth of subscriptions. The demand for strong content has still not reached its’ peak in the Nordics,” added Nilsson.