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Hulu revenue grew to $420 million last year
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The following comments relate to this news article:

Hulu revenue grew to $420 million last year

article published on 12 January, 2012

Hulu has posted their results for 2011, and it appears the streaming site's strong growth has continued. CEO Jason Kilar says revenue grew 60 percent from $240 million to $420 million, although the company had internal projections of $500 million. Hulu Plus now has over 1.5 million paying subscribers who pay $7.99 per month to have mobile access to Hulu's complete catalog of content. ... [ read the full article ]

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ivymike
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12. January 2012 @ 23:20 _ Link to this message    Send private message to this user   
420!!!
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1 product review
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13. January 2012 @ 12:12 _ Link to this message    Send private message to this user   
Invest $500 mill my ass... Advertisers pay for the whole thing. Just like judicial branches of the government, they always want to bloat the hell out of their gains to the public. I call it the 'bigger dick syndrome'. It's like telling the public the drug bust yielded 4 tons of cocaine instead of the honest 14 ounces that they really got.

They simply can't live with the truth. Why not tell the viewers 'we're doubling our content' or 'doubling our TV series'. No, take a dollar figure spent on last years productions, claim it as yours & then double it.

On top of that, get folks to pay for a subscription like it were cable service, still run ads on the website (yeah I know, not during the shows, but you know they slip them in before & after), pure gravy. It's like watching product placement before the movie at the theater.

Nah, I'll watch Hulu. I just have a different definition of what the "+" service is.

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