Netflix Beats HBO in Subscribers

    SAN FRANCISCO, CA - OCTOBER 24:  A U.S. Postal worker holds a stack of Netflix envelopes at the U.S. Post Office sort facility on October 24, 2011 in San Francisco, California.  Online movie rental company Netflix reported third quarter earnings of $62.5 million, or $1.16, per share compared to $38 million, or 70 cents per share one year ago.  (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan

    Francis Underwood is taking over the world. Streaming service Netflix Inc. is about to pass premium cable-TV network HBO in number of paid subscribers. After introducing popular and critically acclaimed original content like House of Cards and Orange is the New Black, Netflix reached 30 million subscribers at the end of September. HBO, which has long dominated premium cable, has 28.7 million. Netflix isn’t slowing down either, it is reportedly in talks with cable providers to bring its popular services to TV.

    Read it at Businessweek