Hulu Plus set to hit 1 mln subscribers

February 3, 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: 'Daily Show,' 'Colbert' to return to Hulu

0 shares

Related Stories

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

February 3, 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

March 3, 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

December 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

June 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 shows.

Recommended for you

Cryptocurrency rivals snap at Bitcoin's heels

January 14, 2018

Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it's not the most lucrative one and far from alone in a universe that counts 1,400 rivals, and counting.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.