Hulu gained on Netflix in the US during a year of massive user growth, but there’s a big challenge it will have to overcome in 2019 to keep up the pace
|01/09/2019||Posted by BusinessMediaguide.Com under General World News||
- Hulu now has 25 million subscribers, adding 8 million more in 2018 for 48% year-over-year growth.
- CEO Randy Freer told CNBC that he thinks it’s possible for Hulu to catch up to Netflix, which has over twice as many subscribers as Hulu in the US.
- Hulu lost an estimated $1.5 billion in 2018, and has discounted subscription prices at least twice since October 2017.
- On Cyber Monday in November, it offered a limited deal of $0.99 a month.