HBO Now News & Update: Television Network Gearing Up Against Netflix; About to Launch Streaming Service Soon

HBO is now having a number of original content that can compete with Netflix. Hence, it has been said that the premium cable and satellite television network is set to have its own streaming service.

According to Business Insider, as published in Latin Post, at the Time Warner Company's fourth quarter earnings call, they were considering that HBO can do something more and lead the viewing competition. In the presence of the HBO chief executive Richard Plepler and TW chairman and CEO Jeff Bewkes, the organization suggested that they can be like "Netflix" for delivering online services.

Additionally, they were also eyeing for a wider global reach and another 50 percent production improvement in 2016. Seeking Alpha added that HBO Now service has 800,000 subscribers, which was a little lower than expected.

Some analysts said that the over-the-top subscription video on demand service can go better by having, at least, a million members and higher interest. However, Plepler explained that they were just starting and their service is set to expand worldwide.

To recall, HBO Now has only been started for 10 months, but it already has a couple of original hit series, like "Game of Thrones" and "Veep." These shows can evidently help the network garner more subscribers and viewers.

Also, they were about to add new content with Jon Stewart and Bill Simmons in 2016, which will be for their streaming members. Meanwhile, Netflix chief content officer Ted Sarandos, on the other hand, also declared that they were about to increase their original content by 100 percent this year.

It has been said that the global provider of streaming movies and TV series was quickly making its way on the international scene in the past few months. In fact, they were becoming available in the global market, but not in China.

Sarandos also added that having their original content was tactical as they can globally deliver shows without facing "licensing issues." Their programs can even go for a more expanded fan base, which can earn them more patrons and profit.