Jan 8, 2019 - Economy & Business

Hulu tops 25 million subscribers, $1.5 billion in ad revenue in 2018

Hulu homepage. Photo curtesy of Hulu.

Hulu announced Tuesday it ended 2018 by adding 8 million subscribers, a 48% subscriber increase, to a total of more than 25 million.

Why it matters: Hulu heavily promoted discounts on Black Friday for its streaming video-on-demand package. Meanwhile, Hulu competitor Netflix had 137 million subscribers as of Q3 2018.

  • Hulu advertising revenue grew to $1.5 billion, a 50% increase in 2018.
  • The average time spent on Hulu per subscriber each month increased 20%, Hulu said.

What to watch: In 2019, Disney is teed up to take 60% ownership of Hulu through its acquisition of 20th Century Fox.

Go deeper:

Go deeper

Maria Arias
38 mins ago - World

"I stood up for that": Pope Francis voices support for same-sex civil unions

Pope Francis at St. Peter's Basilica in Vatican City. Photo: Vatican Pool - Corbis/Corbis via Getty Images

Pope Francis voiced his support for same-sex civil unions for the first time as pope in the documentary “Francesco,” which premiered Wednesday at the Rome Film Festival, per the Catholic News Agency.

Why it matters: The pope’s remarks represent a break from the position of the Roman Catholic Church, which has long taught that homosexual acts are “intrinsically disordered" and contrary to natural law.

Go deeper (1 min. read)Arrow
Barak Ravid, author of from Tel Aviv
2 hours ago - World

Countries waiting to see if Trump wins before moving on Israel normalization

The delegation lands at Israel's Ben Gurion airport. Photo: Jack Guez/AFP via Getty

The White House is attempting to leverage momentum from Israel's normalization deals with Bahrain and the UAE to get more Arab countries on board before the U.S. election.

Driving the news: President Trump wants Sudan's removal from the U.S. state sponsors of terrorism list to be accompanied by a pre-election announcement on Israel.

Go deeper (1 min. read)Arrow
Orion Rummler
3 hours ago - Politics & Policy

Poll: 92% of battleground state voters are "extremely motivated to vote"

Voters stand in line at the Metropolitan Multi-Services Center in Houston, Texas, on Oct. 13. Photo: Mark Felix for The Washington Post via Getty Images

91% of likely voters nationally say they are "extremely motivated to vote," including 92% in battleground states Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin, according to a Change Research/CNBC Poll.

Why it matters: The 2020 election could see record-breaking levels of voter turnout. Voters last week cast ballots at nearly five times the rate they did at this point in the 2016 election, per the U.S. Elections Project. Over 39 million ballots have been cast in early voting states as of Wednesday.

Go deeper (1 min. read)Arrow