Peter Kafka

Recent Posts by Peter Kafka

Hulu Says It Has 5 Million Paying Subscribers and a Billion-Dollar Year

Hulu has 5 million subscribers for its Hulu Plus video subscription service, the company announced today. That’s up from three million a year ago, and four million at the end of April. The company also said it generated $1 billion in revenue this year – a number that outgoing CEO Andy Forssell projected in October.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald