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Hulu Plus service now has 875k paying subscribers

Stuart Dredge
Hulu Plus service now has 875k paying subscribers

On course for one million before the end of 2011, but possibly under new ownership.

US online TV firm Hulu has shared some stats on the growth of its Hulu Plus premium service, which is available on smartphones, tablets and other devices.

875,000 people are now paying for Hulu Plus, putting the service on course to hit its million-subscriber target well before the end of this year. "We added more paying subscribers in June than we did in April and May combined," explains CEO Jason Kilar in a blog post.

Kilar also explains that content owners get around $8 per subscriber per month, meaning that Hulu is generating around $7 million for TV rightsholders a month, through a mixture of those paid subscriptions and advertising.

The blog post has a wealth of stats on the growth of Hulu's catalogue too. It now has more than 15,000 hours of content, including 28,000 full episodes across 2,180 TV series. 1,450 movies are also available on Hulu Plus now.

"It’s been a big Q2. We remain on pace to approach half a billion in 2011 revenue," writes Kilar. Hulu remains, however, at the centre of acquisition rumours, with Google, Microsoft and Yahoo all fingered as potential buyers of the service.

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Tags: Video , tv , hulu

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