Jan 8, 2019

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.

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Why the coronavirus pandemic is hitting minorities harder

Illustration: Aïda Amer/Axios. Photo: Mark Makela/Getty Images

The coronavirus’ disproportionate impact on black and Latino communities has become a defining part of the pandemic.

The big picture: That's a result of myriad longstanding inequities within the health care system and the American economy.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 6,804,044 — Total deaths: 362,678 — Total recoveries — 2,788,806Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 1,909,077 — Total deaths: 109,497 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: Some people are drinking and inhaling cleaning products in attempt to fight coronavirus, CDC says Fauci: "Very concerned" about spread of virus amid George Floyd protests — Cities offer free testing for protesters.
  4. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model as use of robots accelerates.
  5. Business: Sports, film production in California to resume June 12 after 3-month hiatus.
  6. Education: Students and teachers flunked remote learning.

In photos: George Floyd's North Carolina memorial service

The remains of George Floyd are brought into Cape Fear Conference B Church. Photo: Ed Clemente/POOL/AFP via Getty Images

Hundreds gathered in Raeford, North Carolina to honor George Floyd, whose death in Minneapolis nearly two weeks ago has sparked nationwide protests against police brutality.

The state of play: This is the second memorial for Floyd. A number of his family members remain in Raeford, including his sister. He was born in Fayetteville, North Carolina, The News and Observer reports.