Hulu Racks Up $420M In Revenue In 2011
Back in March Hulu’s CEO Jason Kilar predicted that the video streaming site was on pace to make half a billion dollars in revenue in 2011. They didn’t quite make it, but according to statistics released on the Hulu blog they came very close, clocking in at $420 million in revenue last year.
Back in March Hulu’s CEO Jason Kilar predicted that the video streaming site was on pace to make half a billion dollars in revenue in 2011. They didn’t quite make it, but according to statistics released on the Hulu blog they came very close, clocking in at $420 million in revenue last year.
Kilar reports, “We grew the business 60% from 2010 to approximately $420 million in revenue. We exceeded our plan despite the soft advertising market (economy) in the second half of 2011.
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