June 2, 2011 |
Miramax Films has signed a digital distribution agreement with online video distributor Hulu as part of an ongoing effort to generate more revenue from its library of more than 700 films. Subscribers to Hulu's premium service Hulu Plus, which costs $7.99 a month, will get access to hundreds of Miramax titles that will be added over the next few months. "Pulp Fiction" and 26 others were the first to be made available for streaming Wednesday. Miramax announced a similar deal last month to put its films on Netflix's Internet streaming service.
October 17, 2013 |
Veteran Fox television executive Mike Hopkins has been named the chief executive of Hulu, the online video site. Hopkins has served as president of distribution for Fox Networks since 2008. His appointment suggests that the companies that control Hulu may be interested in turning the popular service into a feature offered through cable and satellite distributors. Such a move would expand Hulu's reach to consumers. It also would help the three media company owners of Hulu -- Walt Disney Co., 21st Century Fox and Comcast Corp.'s NBCUniversal -- preserve their lucrative business partnerships with pay TV distributors.
September 19, 2013 |
Hulu announced Thursday that it's picking up a second season of the animated series "The Awesomes. " Created by "SNL" vet Seth Meyers and Mike Shoemaker ("Late Night With Seth Meyers"), "The Awesomes," first launched in August and has been a big hit for Hulu, regularly landing on its 10-most-watched shows list. "The Awesomes" stars Meyers as the voice of Dr. Jeremy "Prock" Awesome, the leader of a new band of comic superheroes who are replacing aged superheros who are stepping down.
November 5, 2012 |
CBS has struck a deal to put much of its vast television library on Hulu, the popular online video site. The agreement, which takes effect in January 2013, is non-exclusive and is only for Hulu Plus, the platform's subscription service. Shows that will be available to Hulu Plus subscribers are primarily from the CBS corporate library, and include classic TV shows such as "Star Trek," "I Love Lucy" and "The Twilight Zone," and newer shows...
June 20, 2013 |
Selling the online video site Hulu to satellite broadcaster DirecTV or another pay-TV distributor would be a big mistake, said analyst and provocateur Rich Greenfield of BTIG. Owned by media giants News Corp. , Walt Disney Co. and Comcast Corp. , Hulu has been fielding offers from suitors including DirecTV, Time Warner Cable, Yahoo and the Chernin Group. Private equity firms Silver Lake Management and KKR & Co. have also placed bids. Greenfield warns that it would be a mistake for the owners to focus solely on how much they can get for Hulu without considering who is buying and the long-term implications.
April 12, 2011 |
Pioneering Internet television service Hulu recently celebrated its third anniversary in a fitting locale: under the roller coaster at the Santa Monica Pier. Hulu has reached a dizzying level of popularity among users by offering easy and free online access to episodes of hit TV programs. But the site's soaring success has induced stomach-churning paroxysms for its owners, Walt Disney Co., News Corp. and NBCUniversal. Now the website faces changes that could curtail its trove of offerings or require users to pay for episodes they currently watch for free.
September 2, 2011 |
Hulu, the video website owned by media giants Comcast Corp., Walt Disney Co. and News Corp., is launching a subscription service in Japan. The move is the first international expansion for Hulu, which carries a large library of movies and television shows. The service will be free for one month to subscribers, then it will be a pay service. "We are taking a first but important step to make good on our aspiration to serve customers all over the world," said Johannes Larcher, Hulu's senior vice president of international operations.
March 9, 2012 |
Relax, TV programmers. The teen viewer isn't going anywhere. The perception of today's teenagers is that of antsy kids bouncing back and forth between their computer screens and cellphones as they update their Facebook statuses and look at videos on Hulu and YouTube while texting their friends. The reality is that for all the time teens spend staring at small screens, it's still the television screen that gets most of their attention. "There is a popularized notion of the typical teenager constantly digitally connected....
October 14, 2011 |
The owners of Hulu have taken the pioneering online video site off the market after hoping to fetch $2 billion. News Corp., the Walt Disney Co. and Providence Equity Partners issued a statement Thursday, saying they saw more value in retaining the popular 3-year-old service than in selling it off. "Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for...
April 27, 2012 |
Providence Equity Partners is selling its stake in online video service Hulu for about $200 million, according to people familiar with the situation. The move is expected to give at least two of Hulu's media company owners — News Corp. and Walt Disney Co. — a greater ownership stake in the rapidly growing online service. It also would make it easier for the partners to achieve a common strategy for the asset without having a restive investor in the mix. The 5-year-old service has more than 2 million paid subscribers to its Hulu Plus offering and about 38 million visitors a month to its free site, which offers catch-up episodes of such popular shows as "Glee," "Revenge" and "The Daily Show With Jon Stewart.