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Hulu stats: revenue up 65% to $695 million, over 3 million subscribers

Hulu are doing quite well with over 3 million subscribers and revenue up 65% to $695 million

| Business, Financial & Legal News | Posted: Dec 18, 2012 9:35 am

Ah, Hulu, why won't you launch in Australia? Well, Hulu have unveiled some numbers for their performance over the year, where they've seen a huge 65% boost in revenue placing them at $695 million, a 60% increase over 2011's performance.

 

TweakTown image news/2/7/27341_08_hulu_stats_revenue_up_65_to_695_million_over_3_million_subscribers.jpg

 

Paying customers are helping this huge revenue boost since they launched Hulu Plus in November 2010 which now has over 3 million subscribers, up from around 1.5 million this time last year and two million in April.

 

Hulu have invested over $500 million in content this year, stacking up over 40% more Hulu and Hulu Plus titles. The company have said that the launch of Hulu Kids is one of the year's biggest highlights, as Hulu enjoys being the only video streaming company around that streams Nickelodeon content.

 

Hulu enjoys over 430 partners which provide over 60,000 TV episodes, 2,300 TV series and over 50,000 hours of video. Hulu entered more platforms over the year with Apple TV, Nintendo's Wii and Wii U consoles and a bunch of smart devices. Hulu is available to more than 320 million Internet-connected devices across the US, not including laptops and desktops.

NEWS SOURCES:Techspot.com

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