Rich Fiscus
22 Sep 2011 17:40
Hulu Plus now has 1 million paid subscribers according to CEO Jason Kilar.
The announcement from Hulu's chief executive came at an investor conference yesterday. This milestone matched a prediction by Kilar earlier in the year when they had 875,000 paying customers.
He also promised the company's content investments will reach $375 million in 2011.
Hulu first added a subscription service to their free offerings less than a year ago. They immediately faced criticism over a shortage content.
Since then they have secured exclusive deals to add movies from Criterion Collection and Miramax, as well as expanding their selection of TV episodes.