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HBO is an American pay television network owned by WarnerMedia Entertainment and the flagship property of parent subsidiary Home Box Office, Inc. Programming featured on the network consists primarily of theatrically released motion pictures and original television programs, along with made-for-cable movies, documentaries and occasional comedy and concert specials. HBO is the oldest and longest continuously operating subscription television service in the United States, having been in operation since November 8, 1972. In 2016, HBO had an adjusted operating income of US$1.93 billion, an increase of to the US$1.88 billion it accrued in 2015. HBO has 140 million subscribers worldwide as of 2018. The network operates seven 24-hour, linear multiplex channels as well as video on demand and streaming platforms, including HBO Go and HBO Now.