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Thursday, 25 November 2010

Hulu projects 240 million dollars in revenue by 2010

Here at the Conference of NewTeeVee GigaOm in San Francisco, Hulu CEO Jason Kilar just dropped some interesting and some previously unreported, including the fact that advertising and subscription based content service Hulu statistics now has 30 million users monthly and estimates that it will be a rake of $ 240 million in 2010, more than double its revenues of $ 108 million in 2009.

Broken Kilar patterns of industry-wide revenue stating that $0.41 for every dollar generated from video content is advertising and $0.30 comes from subscriptions .Kilar also revealed that 36 months old service now has a stream of 260 million, 800 million ad streams content and content partners more than 235 and ad 352 customers.

Interviewed by Om Malik if these numbers impressive revenue would expedite a pit of Hulu, Kilar said: "this is the only thing that I do not comment."

Intellectual property offices or not Kilar is committed to ensuring that the future of television means that the consumer can watch what they want, when they want, whenever they want, "You don't get to $ 240 million in 36 months without focus very strong".

View the original article here


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