[JauntTrooper]

Does Hulu have a free tier anymore? I thought they discontinued it.

HBO seems to be doing fairly well. They have ~5 million online subscribers, up from 2 million in Feb. 2017. That's small potatoes vs. Netflix's 117+ million subscribers, but it's a nice growth rate for a premium product. We don't have cable and are happy subscribers to both HBO and Netflix.

It's funny you don't even mention Apple. We used to buy seasons of TV shows off of Apple when they weren't available elsewhere, but don't anymore because we can't watch them on our Roku (at least I don't think we can).

[dralley]

HBO is fairly profitable and Netflix isn't. That is a pretty important data point when comparing the two IMO.

[Retric]

Netflix has had steady profits over the last several years. It's sub 10%, but that's particularly relevant when it's both growing and investing in new content.

HBO's has higher profit margins, but lower revenue. Further, being tied to Time Warner complicates the issue, without cable HBO would fail. So it's in a race to add subscribers fast enough to keep up with cord cutters.