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HBO's programming consists primarily of theatrically released motion pictures and original series, along with made-for-cable movies and documentaries, boxing matches, and occasional stand-up comedy and concert specials.

In 1965 Charles Dolan, who had already done pioneering work in the commercial use of cables, won a franchise to build a cable system in Lower Manhattan in New York. The new system, which Dolan called "Sterling Manhattan Cable", became the first urban underground cable system in the United States. Rather than stringing cable on telephone poles or using microwave antennas to receive the signals, Sterling laid underground cable beneath the streets of Manhattan — because the multitude of tall buildings blocked television signals. In the same year Time-Life, Inc. purchased 20 percent of Dolan's company.