Hulu Plus is starting to see stronger growth, according to a new report.
The online streaming service is slated to announce this week that it has hit 2 million paid subscribers for its Hulu Plus service, according to The New York Times.
If that is in fact the case, it would mean that Hulu Plus added 500,000
new subscribers in just the last four months and that its growth is
accelerating.
“We grew the business 60 percent from 2010 to approximately $420 million in revenue” in 2011, Hulu CEO Jason Kilar said back in January while announcing a milestone of 1.5 million paid subscribers.
That may be impressive, but it’s important to point out that Netflix
was adding about 1 million subscribers to its streaming service each
quarter at its height — and before it attempted to increase prices on
customers.
Still, it’s clear that the $8-a-month Hulu Plus service is resonating with customers.
