Hulu Plus set to hit 1 mln subscribers

Feb 03, 2011

(AP) -- Hulu Plus, the video subscription plan that charges $8 a month to watch a range of TV shows online, will have 1 million paying customers this year and post annual revenue of more than $200 million.

That's the forecast given by its chief executive, Jason Kilar, in a blog post late Wednesday.

The blog came on the heels of the announcement of a new content distribution deal with Viacom Inc. to replay hit shows like "Jersey Shore." The shows will be available to subscribers 21 days after they first run on MTV and after has a chance to show reruns on its websites.

The deal, which also brings "The Daily Show with Jon Stewart" and "The Colbert Report" back to the free version of online, runs into mid-2012.

Explore further: T-Mobile deal helps Rhapsody hit 2M paying subs

5 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

'Daily Show,' 'Colbert' to return to Hulu

Feb 03, 2011

(AP) -- "The Daily Show with Jon Stewart" and "The Colbert Report," which have been absent from online video service Hulu for almost a year, are back on the free service.

Daily Show, Colbert Report to be removed from Hulu

Mar 03, 2010

(AP) -- Video streaming site Hulu is saying goodbye to The Daily Show and The Colbert Report, two popular shows from Comedy Central that will no longer be streamed on the site after next week.

No IPO for Hulu for now: report

Dec 21, 2010

US online video entertainment site Hulu has decided not to go public for now and may examine other financing options, The Wall Street Journal reported late Monday.

Hulu launches $10 video subscription service

Jun 29, 2010

(AP) -- Online video site Hulu, under pressure from its media company parents to generate a bigger profit, launched a subscription service Tuesday with complete access to back episodes of popular television ...

Recommended for you

T-Mobile deal helps Rhapsody hit 2M paying subs

7 hours ago

(AP)—Rhapsody International Inc. said Tuesday its partnership with T-Mobile US Inc. has helped boost its number of paying subscribers to more than 2 million, up from 1.7 million in April.

Airbnb woos business travelers

7 hours ago

Airbnb on Monday set out to woo business travelers to its service that lets people turn unused rooms in homes into de facto hotel space.

Google searches hold key to future market crashes

18 hours ago

A team of researchers from Warwick Business School and Boston University have developed a method to automatically identify topics that people search for on Google before subsequent stock market falls.

User comments : 0