Friday, September 23, 2011

Hulu hits a million paying subscribers; will invest $375M in new content this year

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Despite an impending sale from its owners who no longer want it, Hulu continues to grow in popularity and revenues.

The streaming video service has reached a million paying customers, reports Reuters.

In June, Hulu CEO Jason Kilar said he anticipated that the company would reach the milestone number of a million paid subscribers by the end of the year. Now it seems that the service will far exceed those numbers.

Posted via email from Inspiration

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