Over-the-top pay TV revenue from services like Netflix and Hulu Plus is expected to nearly double in the next four years. Infonetics Research estimates that revenue from OTT services will hit $5.8 billion this year and will rise to $10 billion in 2018.
The online streamer has signed an exclusive deal with ABC Television Group for previous seasons of Nashville.
Hulu Plus and CBS announce new SVOD deal for CBS drama starring Tom Selleck. WGN America acquires exclusive basic cable rights while Ion gets exclusive weekday, primetime rights for off-net episodes.
Nearly six million more people are relying on over-the-air broadcast television than a year ago, according to a new survey from GfK Media & Entertainment.
The company’s revenue increased 65% from 2011, CEO Jason Kilar said in a blog post on the company’s website today. Subscribers to its paid service, Hulu Plus, doubled from a year ago to 3 million. Hulu Plus costs $7.99 a month, the same price as the Internet streaming service offered by its biggest rival, Netflix.
The deal falls short of what other broadcast networks provide. ABC, NBC and Fox, whose parent companies own Hulu, offer recently aired episodes, while the new CBS deal covers only shows that are no longer on the air.
Hulu has struck a deal to provide its $7.99-per-month Hulu Plus subscription service via Apple TV starting today. The move could help Apple build a stronger consumer proposition for its Apple TV device, which has remained somewhat of a sideline for the company.
At the Consumer Electronics Show on Wednesday, Jonathan Miller, chairman and CEO of News Digital Media and chief digital officer of News Corp., said subscriptions of Hulu Plus are on a faster track than expected.
Hulu entered into a multi-year content agreement with Univison today that gives Hulu a way to sell advertising to a growing Hispanic population and entice them to pay for subscriptions that unlock more content. Univision gets a chance to make the kind of money from reruns that English-language programs have long enjoyed. Hulu subscribers will get the majority of Univision’s primetime offerings the day after airing on regular TV.
For the disgruntled bunch, or those looking to expand their media-consumption horizons, there are a growing number of options for watching movies and TV shows online, on DVDs or through cable TV’s on-demand services.
Premiere subscribers were told in September that Hulu Plus, the online streaming site’s paid service, would be added to the DVR service and it’s finally here. Meanwhile, TiVo hopes the addition of Hulu Plus’ content will help draw in consumers. As part of its marketing program, TiVo and Hulu will offer six months of free Hulu Plus service to newly purchased TiVo Premiere DVRs.
Speaking at Samsung’s keynote at CES yesterday yesterday, Hulu CEO Jason Kilar said that its Hulu Plus service will be coming to Android handsets “in the coming months.”
Internet video company Hulu slashed the price of its subscription service Hulu Plus, which made its official debut on Wednesday. Hulu knocked down the monthly cost to $7.99 from the preview price of $9.99. Users who subscribed to the preview service, which was available in June, will receive a credit for the price difference, the company said