Hulu Has $695M In Annual Revenue

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Hulu's CEO says the company brought in $695 million in revenue in 2012. :eek: Three million paying customers at $7.99 means Hulu must be raking in the ad money to make those kinds of numbers.

In 2012, we will close the year with approximately $695 million in revenue. Hulu’s revenues will have grown over 65%, which is an acceleration over 2011 growth levels. Hulu Plus. We have more than 3 million paying Hulu Plus subscribers. The number of Hulu Plus subscribers has more than doubled over the past year.
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That's a lot more than I expected from them. I don't know one person personally that has it myself...
 
Number is pretty meaningless without knowing costs or actual profit margins.
 
I use the non paid version of hulu with xbmc and think it's good. Doubt I'd every pay for it with ads.
 
colinstu said:
People pay for it and still get ads?! I thought that was the whole point of the paid version... to remove them.
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The paid version gives you new content faster, but you still get ads. Silly IMO. I usually go the XBMC FreeCable route first, but CBS has crappy bandwidth.
 
colinstu said:
People pay for it and still get ads?! I thought that was the whole point of the paid version... to remove them.
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I use the paid version and the ads don't bother me too much, because they are short. A lot are only 30s, most about 1 min, very occasionally a 2 minute ad and there are very few breaks for ads per show. Although I will admit if content is available with Amazon Prime I'll watch it there first, since no ads are better than a few ads.

Two annoying things with the ads:
1) With older shows, the ads are inserted at certain time intervals that don't correspond to where they originally would have had commercial breaks. So the ad will bust in the middle of a scene sometimes.
2) You will often get the same ad over and over again no matter what you are watching.
 
pgwalsh said:
The paid version gives you new content faster, but you still get ads.
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Vicinity said:
A competent man would think the same.
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Mackowitz said:
I use the paid version and the ads don't bother me too much, because they are short.
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As much as I hate tv companies (cable, satellite), I much prefer the content and abilities I get from them.

More channels, more shows, get new content instantly, can record them with a DVR and skip over commercials thanks to that.

I wish I could pick (and pay) for only the HD channels I watch, but sadly that's not possible.

Of course, there's the pirate way of doing things, but that's not good for the companies that make the content & it requires effort of finding both what I want and it being of good quality -- effort I don't feel like putting forward.
 
my parents ditched cable, now they use netflix and hulu+ for everything.

they pay 10% of what they did before and who gives a shit if theres 30 seconds of commercials in between?
 
I tried the free month trial they had a while back. Unless they get more consistent in what they offer. I have no desire to subscribe. I was very excited and thought that my wife and I could catch up on a bunch of shows that we had fallen behind on. Out of about 5 shows that we were interested in seeing, only two were listed on Hulu. The other two were not complete. One was missing the first season. What good is that?
 
bastage said:
Give it time & you wont be able to on your DVR either..
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DirecTV has an annoying "glitch" (what they claim) that prevents you from skipping the slipstreamed commercials (the ones they put in on the fly, usually their own and local). Annoying as hell. Supposedly it was from the way they record their shows and push those commercials.
 
Spidey329 said:
DirecTV has an annoying "glitch" (what they claim) that prevents you from skipping the slipstreamed commercials (the ones they put in on the fly, usually their own and local). Annoying as hell. Supposedly it was from the way they record their shows and push those commercials.
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I haven't encountered that "glitch" from the past half year of having Directv.
 
colinstu said:
Yeah tell me when torrenting and usenet have been taken down too.

I don't see television provider-provided dvr going away.
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I am not the one complaining about paying Hulu & getting commercials.. I for one am a happy Hulu plus customer.. The 8 bucks a month I pay them as opposed to the 100 a month I was paying for cable & instead I sit through commercials instead of having to FF commercials.. I'll take the commercials please & thank you..

Also Torrents & usenet will never be taken completely down. The popular shit gets targeted & probably always will, but not everything..
 
Isn't paying and still getting the ads, no different than paying for cable tv and getting ads? Only difference is that with Hulu, you can decide what to watch, when you want.
 
krotch said:
Isn't paying and still getting the ads, no different than paying for cable tv and getting ads? Only difference is that with Hulu, you can decide what to watch, when you want.
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You also pay $8 per month instead of paying $100 a month. The only reason I have cable is for ESPN, NESN, and other sports channels. I don't need the 500+ other channels that come with my package.
 
babyshark31 said:
You also pay $8 per month instead of paying $100 a month. The only reason I have cable is for ESPN, NESN, and other sports channels. I don't need the 500+ other channels that come with my package.
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Ya, that's the main reason I'd rather get Hulu. Granted, you still have to pay like $30+ for internet to use it, but still siginificantly cheaper than cable.

Last time I had cable, I was going through Verizon. $100 a month for 20 meg fios, like 80 channels, and a DVR. The DVR didn't even work as a DVR, cause you had to pay to have that portion of it activated. Next time, I'm just gonna get only the internet portion. I watched cable for like 2 months, then stopped watching it. Only was watching it, cause I just came back from overseas and didn't watch US tv for a long time.
 
And yet they still feel the need for a rediculous amount of ads to play with non-hulu+ content shrinking every day.
 
Just can't do commercials for years now... Got used to it, so no going back. Netflix it is for me right now.
 
colinstu said:
People pay for it and still get ads?! I thought that was the whole point of the paid version... to remove them.
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Totally! I mean I'm happy that all my channels like Discovery, Comedy Central, and FX are ad free because I pay extra for those.
 
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