Photo: Business Insider
Hulu is on pace to generate $500 million in revenue this year, CEO Jason Kilar revealed in a blog post tonight.He also says “the content community” will earn $300 million this year from Hulu.
Other details from Kilar’s post:
- Hulu Plus will have over 1 million subscribers by year end.
- Hulu worked with 289 advertisers in Q1 2011, which is up from 194 the same period a year prior.
- On a quarter over quarter basis “initiated streams” was up 10%.