Netflix Passes HBO In Subscription Revenue

By CNN

Published 08/07 2014 01:55PM

Updated 08/07 2014 01:56PM

Netflix is raking in the dough.

The company's subscriber revenue inched past HBO in the second quarter with $1.146-billion compared to HBO's $1.141 billion.

Netflix has fewer subscribers than HBO  but it doesn't have to split the revenue with cable distributors like HBO.

Netflix executives have cited HBO as a model as it moves into original programming.

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