HBO gets paid by cable companies, not by end user subscribers.
Subscription fee's go to the cable providers, who are the ones that are potentially losing out by piracy, though many cable providers are also internet providers, so they do get some money.
HBO would be worried if cable companies decided it wasn't worth it to carry HBO, but they know currently HBO is an anchor on many lucrative tv packages, which make cable companies lots of money.
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HBO gets paid by cable companies, not by end user subscribers.
Subscription fee's go to the cable providers, who are the ones that are potentially losing out by piracy, though many cable providers are also internet providers, so they do get some money.
HBO would be worried if cable companies decided it wasn't worth it to carry HBO, but they know currently HBO is an anchor on many lucrative tv packages, which make cable companies lots of money.