This looks a lot like HBO&#x27;s really getting pressured to go for growth, in stark comparison to the classical model of a cable company (which is typically a cash (dividend) cow rather than being a growth engine). I suspect that the whole &#x27;cord-cutter&#x27; paranoia is getting to HBO.<p>On the other hand, investing heavily in upcoming technology is a good idea, as is being the person to cannibalize yourself rather than let anyone else do that.