Print 15 comment(s) - last by quiksilvr.. on Sep 26 at 9:52 AM

Hulu is still investing in content

Hulu CEO Jason Kilar has announced this week that Hulu now has a million paying subscribers on the streaming service. The million-subscriber mark was previously expected by the end of the year.

Hulu has been trying to 
sell itself to the highest bidder. Reports suggest that Google, Yahoo, Amazon, and Dish Network are in the early running to acquire the streaming service. The bids were expected to reach into the $2 billion range, but the bidding has now stalled. Hulu is said to now be considering whether the sale is the best option for the site.

News Corp Chief Operating Officer Chase Carey told Reuters at a conference, "We're still evaluating the situation."

Reuters reports that people that have been critical of the planned sale, and have been urging Hulu owners to keep the major distribution channel rather than sell to another firm. Hulu is a joint venture of News Corp, Walt Disney Co and NBC Universal. The fourth owner is Providence Equity Partners, a private equity firm.

Despite the owners considering the sale of Hulu, the company is still investing in content. Kilar said that Hulu would invest over $375 million in content this year.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

By quiksilvr on 9/22/2011 12:48:00 PM , Rating: 3
That doesn't make any sense to me.

By acer905 on 9/22/2011 12:56:08 PM , Rating: 5
Why would I pay for [Cable or Satellite] if I still get commercials?

By quiksilvr on 9/26/2011 9:52:58 AM , Rating: 2
Exactly. I don't.

By MrBlastman on 9/22/2011 1:19:42 PM , Rating: 2
It doesn't make any sense at all to me at least when I consider that my basic Comcast cable subscription allows me to watch tons of TV shows if I miss them. I know, it's not the same thing because I'm paying for Comcast--but, with those shows if there are commercials (which is occasionally), I can just fast-forward through them. On Hulu, I can't.

By cjohnson2136 on 9/22/2011 3:43:38 PM , Rating: 2
You can only fast forward if you recorded the show and are watching it later. If watching live you can't fast forward. Plus would much rather watch two-three 25-20 seconds commercials then two-three 1.5-2 min commercials

By AmbroseAthan on 9/22/2011 1:26:18 PM , Rating: 2
Faster access to content, access to HD on a lot of current shows, past seasons on Plus shows, and the ability to watch on Mobile Devices or PS3/Xbox360, etc?

If you don't want any of the above, there isn't much point. If you do want some of the above, its worth it. For me I think it is, so I can watch in HD through my XBox and can watch it on my phone (Evo 3D).

By Reclaimer77 on 9/22/2011 5:11:34 PM , Rating: 1
Yeah. Basically there are 1 million idiots out there lol.

Hulu+ is terrible, and their tiny subscriber base after all this time enforces that opinion.

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson
Related Articles
Hulu to Receive As Many As 5 First-Round Bids
September 5, 2011, 10:58 AM

Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki