Netflix now has more subscribers than HBO

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Posted: Monday, October 21, 2013 12:00 am

LOS GATOS, Calif. (AP) — Netflix's earnings quadrupled as its line-up of original programming helped the Internet video subscription service attract 1.3 million more U.S. subscribers during its latest quarter.

The third-quarter results announced Monday are the latest evidence of Netflix's increasing popularity. The Los Gatos, Calif. company ended September with 31 million U.S. subscribers, eclipsing the estimated 29 million subscribers that HBO's 41-year-old pay-TV channel is believed to have.

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