Hulu Hits 2M Paying Subscribers, $192M in Subscription Revenues
Hulu recently announced that of its 38 million monthly visitors, 2 million are now paying Hulu Plus subscribers, indicating a 5% conversion rate for the online TV and video site.Those subscribers translate to approximately $192 million in subscription revenues, which is only a partial amount of gross revenues given that the site boasts a robust advertising revenue stream. After expenses, the company claims to have netted $420,000 in total revenues.These are impressive numbers for the…
Hulu Hits 2M Paying Subscribers, $192M in Subscription Revenues Read More »
