Hulu Lost Over $900 Million on Original Content in 2017
While Hulu continues to steadily increase its subscriber count, that isn’t yet translating financially, as the service lost over $900 million in 2017. When it comes to stateside streaming services, Hulu sits at a pretty solid #3, behind Netflix and Amazon Prime. Considering how established Netflix is, Hulu is obviously closer to overtaking Amazon than it is with seriously competing with Netflix any time soon. That said, Hulu made a breakthrough overall last year, when its original drama The Handmaid’s Tale became the first streaming series to win the Emmy for Best Drama.
Unlike Netflix and Amazon, Hulu is a joint venture, with media giants Comcast, ...
This entry was posted by Screen Rant on February 10, 2018 at 12:03 am, and is filed under TV News. Follow any responses to this post through RSS 2.0.
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