How HBO survived mergers and strategy shifts to dominate prestige TV

Starting with uncut movies, live boxing matches, concerts and comedy specials to critically acclaimed shows such as the "The Sopranos," "Sex and the City," "Game of Thrones" and "Succession," HBO has continuously offered viewers some of the most prestigious television in its over 50 years in existence. Despite the reputation of being the gold standard of storytelling on TV, HBO has never had it easy on the business side, undergoing merger after merger.