Netflix Now Has More Subscribers Than HBO
It also introduces new $12 'family plan'
By Kevin Spak, Newser User
Posted Apr 23, 2013 12:33 PM CDT
This July 20, 2010 file photo shows a Netflix customer turns on Netflix in Palo Alto, Calif.   (AP Photo/Paul Sakuma)

(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.

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Apr 23, 2013 10:24 PM CDT
I'm rooting for Netflix because I refuse to shell out $50+/month for a cable "service" that is 99.9% stuff I don't watch, and many things I don't want my kids to even know about. Most of the best content has disappeared from there over the past year though. Very frustrating.
Apr 23, 2013 3:27 PM CDT
" Netflix Now Has More Subscribers Than HBO " Well.........DUH ! Dass 'cause we GET TO CHOOSE on NF......we ain't force fed 24/7 crap just to get a couple things we want. Hey........BEAN COUNTERS: "It's bang-for-buck that counts".
Apr 23, 2013 1:55 PM CDT
Oddly, were HBO Go available without having to get cable, I would wager that number could probably double. I would get it, for sure. But I don't have cable and don't want it. I do have Netflix though.