Hulu recorded $420 million in revenue last year after growing its business 60%.
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Several announcements at CES this week show the online video networks edging into the world of Connected TV.
GetGlue – a US social TV startup, which is being seen as the leader in its field, has announced $12 million in new funding – partly via existing investors who include Time Warner.
Virgin Media’s announcement that it will double broadband speeds for all customers “appears bullish” at first glance, according to Bank of America Merrill Lynch (BoAML) – who says it will potentially lift ARPU and lower churn, while demonstrating its cheap pathway to higher speeds.
Google and Apple are set to compete with BSkyB and ESPN for the rights to broadcast live English Premier League football games between 2013 and 2016, according to Browser Media.
The X Factor and Strictly Come Dancing finals topped December’s programme rankings. In first place, The X Factor results (on Sunday 11 December), with an audience of more than 13.4 million viewers.
Roku is set to launch two of its streaming players – Roku LT and Roku 2 XS – in the UK at the end of January.
This year’s Consumer Electronics Show kick-started in Las Vegas yesterday, with Samsung, LG, Sony and Panasonic all showing off products and services…
News Corp is set to launch a number of apps on Microsoft’s Xbox Live platform for its Gold users.
Netflix, the US streaming service, which launched in the UK and Ireland yesterday, says it will surpass the success of the BBC iPlayer and go head-to-head with BSkyB.