AT&T Inc.’s second-quarter profit fell as the coronavirus pandemic and an already ailing satellite-TV business overshadowed the launch of its make-or-break streaming video service. The telecom and media giant reported about 36 million subscribers on HBO or HBO Max, an enlarged streaming video service built around the company’s premium TV brand. The Max additions included three million direct HBO Max sign-ups and about one million activated through cable companies and other wholesalers a month after its May 27 launch,...

Source: Wall Street Journal July 23, 2020 11:28 UTC