Netflix Now Has More Subscribers Than HBO

It also introduces new $12 'family plan'

By Kevin Spak,  Newser Staff

Posted Apr 23, 2013 12:33 PM CDT

(Newser) – Qwikster? What's a Qwikster? Netflix appears to have solidly put that debacle behind it, posting a strong earnings report yesterday that included this interesting tidbit: Netflix now has 29.17 million paid subscribers. That, Forbes observes, is more than HBO, which at the end of last year reported 28.7 million subscribers. So if Netflix were a premium television channel, it would be No. 2, behind Encore.

Netflix followed up the report today by announcing a new "family plan" that, for $11.99 a month, will allow up to four people to stream content simultaneously. The current $7.99 streaming package only allows up to two simultaneous viewers. In other Netflix news, its subscribers watched a whopping 4 billion hours in the first quarter of this year.

This July 20, 2010 file photo shows a Netflix customer turns on Netflix in Palo Alto, Calif.   (AP Photo/Paul Sakuma)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
10%
13%
3%
72%
0%
1%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!