- Re/code, Thursday, February 27, 2014 9:55 PM
Netflix, which "makes no bones about the fact that it wants to be HBO," is actually "closing in on the pay channel, at least in terms of revenue: Last year, Netflix’s streaming business
generated $3.5 billion, while HBO made $4.9 billion from subscription fees," writes Peter Kafka. And Netflix revenue already outpaces that of other big cable channels, such as AMC, Starz and Showtime.
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