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Netflix Sees Fortnite as a Bigger Rival Than HBO

The Epic Games Inc. Fortnite: Battle Royale video game.

The Epic Games Inc. Fortnite: Battle Royale video game.

Photographer: Andrew Harrer/Bloomberg

The HBO network, now part of AT&T Inc.’s media-and-telecom empire, is often touted as one of Netflix Inc.’s biggest foes.

Both companies are vying for TV subscribers, and they’re frequent rivals in award competitions, including the Emmys. HBO plans to boost its programming budget in a bid to lure more viewers.