CHART OF THE DAY: Netflix Is Finally Becoming HBO, Like It Said It Would (NFLX)
Last January, Netflix’s chief content officer Ted Sarandos said the company’s “goal is to become HBO faster than HBO can become us.” Well, mission accomplished. According to the latest data provided by the company, which was charted for us by Statista, Netflix has finally passed HBO in subscriber revenue ($1.146 billion vs. $1.141 billion).
Netflix says it has 48 million total paid subscribers, with the vast majority of those customers — 35.1 million, to be exact — in the U.S. HBO actually has more paid subscribers than Netflix with 127 million worldwide, but that figure also includes various channels owned by the company, including HBO 2, HBO Family, and Cinemax.
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