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.
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.
