
Hulu Grew 60 Percent In 2011, But Whiffed On It’s Own Predictions
Depending on where you read the coverage of Hulu’s revenue numbers, the picture of the company looks very different. Read Write Web declares that the company turned in a “pretty big year,” growing 60 percent and “raking” in $420 million in revenue. But as Peter Kafka points out at All Things D, that falls short of the $500 million Hulu CEO Jason Kilar predicted the company would make in several blog posts.
Mr. Kafka attributes the miss to rumors of soft ad sales which have been percolating for a while. Hulu also was on the chopping block for a while, then off again, then back on. And several of its partners, most notably Fox, either took away next day rights for programming or discussed the idea. All that volatility is sure to make it tough for Hulu to sell ads. Read More


