Netflix: Our subscriber sales top HBO's

Reed Hastings, Netflix's outspoken CEO, said Wednesday that his company's subscriber revenue inched past that of HBO in the second quarter, at $1.146 billion compared to $1.141 billion for the premium channel.

"They still kick our ass in profits and Emmy's, but we are making progress," Hastings wrote on his Facebook page. "HBO rocks, and we are honored to be in the same league."

According to CNNMoney, Netflix reported last month it now has 50 million global subscribers, including 36 million in the U.S. HBO said it has 127 million subscribers at the end of 2013, figures that include viewers of HBO-owned Cinemax.

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