The battle for the superior streaming service will be fought in boardrooms and banks. As Hollywood’s biggest companies and studios turn their eye to streaming platforms, they’re also emptying their wallets with the knowledge that these platforms won’t be profitable for at least several years.

But that won’t stop AT&T, which last year acquired WarnerMedia in a massive merger, from spending upwards of $2 billion on its forthcoming streaming service HBO Max. That’s big bucks from any perspective, but how do those HBO Max costs compare to the costs of its rival new streaming platforms, Disney+ and Apple TV+?

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