Netflix (NFLX), which ended Q4 with less than 24M streaming subscribers, is aiming to eventually...

|By:, SA News Editor

Netflix (NFLX), which ended Q4 with less than 24M streaming subscribers, is aiming to eventually have 60M-90M, or 2x-3x as many as HBO, according to a presentation from Reed Hastings. His logic: Netflix is cheaper than HBO, doesn't require a cable subscription, offers a wider selection of content, and features a personalized UI. It has also been labeled as "rerun TV" due to its focus on older shows. (earlier)