Tuesday, December 18, 2012

Hulu announces 2012 results: $695M revenue, 3 million Hulu Plus subscribers

Hulu announces 2012 results $695M revenue, 3 million Hulu Plus subscribers

It looks like Hulu has rounded out 2012 with some very solid figures. The company's CEO, Jason Kilar, has announced revenue of $695 million -- a 65-percent jump over 2011. Kilar also shared subscriber numbers, adding that 3 million users fork over fees for the Hulu Plus service, which is double last year's paying viewers total. Throughout the year, Hulu boosted content offerings by 40 percent, with 430 current content partners, 2,300 TV series with some 60,000 episodes, and a total of 50,000 hours of video -- since Hulu launched in 2007, it has generated more than $1 billion in revenue for content partners. Kilar ended on another high note, stating that the site's Japanese version has quadrupled content offerings this year, and is now accessible from 50+ million devices in Japan. You'll find full details at the source link below.

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Source: Hulu

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/z7xNtpAWfgk/

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