Online media streaming service, Netflix now has more paying subscribers in the United States than HBO.
Netflix revealed in its third quarter earnings report that it had 29.9 million paid subscribers as of the end of September, up from 28.6 million at the end of June. By comparison, HBO has 28.7 million subscribers.
According to Mashable, in total, Netflix reported having 40 million members, up from less than 30 million a year earlier.
Roughly 37 million of those members are paid subscribers.
Netflix reported earnings per share of 0.52 dollars on revenue of 1.11 billion dollars, which beat Wall Street's estimates for earnings per share of 0.49 dollars on revenue of 1.1 billion dollars, the report said.
The company's stock shot up by more than 10 percent in after hours trading following the report, closing in on 400 dollars a share, it added.
