Print 7 comment(s) - last by Blauhung.. on Aug 23 at 3:59 AM

Hulu Plus app for the iPhone
IPO could grab $2 billion for Hulu

Streaming TV shows and movies have become very popular over the past few years with offerings like Hulu and Netflix growing by leaps and bounds. Hulu has been streaming TV shows from some of the major networks in the U.S. and is currently in talks with CBS to bring the final major network to its offerings.

Hulu is set to go public according to the 
New York Times, with an IPO that could reportedly net Hulu as much as $2 billion. The IPO could happen as early as this fall according to sources closes to the company. Major shareholders in Hulu include NBC Universal, News Corp, and Walt Disney Co. 

Hulu generated about $100 million in revenue last year and is on track to hit that number again for 2010. Hulu's earnings will grow significantly when its subscription services fully launches. The subscription offering is perhaps where the CBS content will be offered and is set at $9.99 monthly. The free offerings that Hulu fans have been using since the service debuted will continue to be offered. 

The benefits to the paid service, called Hulu Plus, include support for gaming consoles (Xbox 360, PlayStation 3) and greater access to archived content. The Hulu Plus service also adds streaming to mobile devices like the iPhone and iPad.

There is no official statement from Hulu at this time on the IPO.

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RE: Commercials?
By stirfry213 on 8/16/2010 12:16:36 PM , Rating: 2
The word is... No!

The Hulu Plus service does not remove any commercials. The only benefit as of now of paying $9.95 a month is you can stream it to your Apple devices and access of archived content. There will be no new content added for this price at this time.

Of course, this is all subject to change. I love Hulu, and I'd be willing to pay $10-20 a month if they offered the appropriate amount of content. As it sits now, I'm willing to pay ZERO for what they are offering.

I can easily download or watch on the major networks websites what Hulu is trying to charge for.

RE: Commercials?
By Blauhung on 8/23/2010 3:59:24 AM , Rating: 2

I have absolutely no issues with watching commercials with the free service.

If they expect me to pay them, i expect them to provide me with whatever i want to watch, and not have to sit through the same # of adds.

"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard

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