Hulu Hits $695 Million In 2012 Revenue
Hulu has announced their numbers for 2012. In 2012, Hulu has hit $695 million in revenues, which is up 65% from last year. Hulu CEO Jason Kilar said that there are now 3 million people paying for Hulu Plus. Hulu Plus subscribers have more than doubled in the last year. Hulu Plus can now be accessed from over 320 million Internet-connected devices in the U.S. This number does not include laptop or desktop computers.
Hulu Plus now has over 430 content partners. They offer over 60,000 TV episodes, 2,300 TV shows, and 50,000 hours of video on Hulu and Hulu Plus. Hulu invested over $500 million in content in 2012. Hulu has generated over $1 billion for content partners since 2007.
Hulu has served over 1,000 advertisers, which is 28% more than last year. Hulu Japan launched last year. Hulu has quadrupled content over the past year and it is now accessible from over 50 million Internet-connected devices in Japan. This number does not include laptops or desktop computers.
[Source: TechCrunch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry