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Hulu pulls in $695 Million in revenue

Tuesday December 18, 2012 | 11:12 am
Written By  YoungKingz

Posted in  
  • Technology
  • TV
0
Hulu

Hulu pulls in $695 Million in revenue NYC

Just when you thought there was a likelihood of internet TV evaporating into the thin air, good, well, more like great news surfaces about Hulu’s rising in the media world. According to reports, the site has managed to reel in approximately $695 million dollars in revenue—solely due to an influx of subscribers (now at 3 million) and increase of users with traveling computers utilizing that of Apple TV, Microsoft tablets, Android phones and the Wii. And it doesn’t hurt that the service also has 1,000 advertisers either. Per Brokelyn:

Hulu says they added 40% more content this year, giving them a total of 60,000 TV episodes and 50,000 hours of video between Hulu and Hulu Plus.

And they also point out this important fact which may very well stand true:

We’re not in the technology prediction business (ours is more of the technology fearing and doubting business) but we’ll go out on a limb and say that this will keep the Big 3 Networks (and NBC) from trying to kill or drastically change the service for the time being.


Tags: Hulu


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Recent Posts

  • Toys ‘R’ Us (And Its Ferris Wheel) May Be Leaving Times Square
  • PHOTO: Derek Jeter Uses Fake Name At Starbucks
  • Photo Of The Motherf**kin’ Day: Sohei Nishino’s Manhattan Aerial Collage
  • GIRLS: Ashley Sky poses on the beach in a tiny bikini and more – (9 Photos)
  • EVENT: Another French Montana Album Release Party, this time at Amnesia – 05/23/13
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