Los Angeles – Hulu Plus, the $8-per-month subscription
version of the online video service, is on track to count over one million
subscribers by year’s end, CEO Jason Kilar wrote in a post on the company’s
blog.
The joint venture between News Corp. (NYSE: NWS), NBC Universal and Disney (NYSE: DIS) is also
expected to generate nearly $500 million in revenues for 2011, up from $263
million in 2010.
Kilar also said that Hulu will earn its content partners some
$300 million in 2011; the service currently features content from 264
providers, up from 211 in the first quarter of 2010.
Related Links:
http://blog.hulu.com/2011/04/04/q1/
