Hulu touts over 3m subscribers, revenue jumps 65% to $695m

                                     
With 2013 on the horizon, Hulu has revealed some statistics about its performance over the last year, not least of which is a 65% boost in revenue to $695 million -- a solid follow-up on 2011's 60% increase. Part of that success stems from an influx of paying customers. Hulu Plus officially launched in November 2010 and currently has more than three million subscribers, which is up from nearly 1.5 million this time last year and two million in April.

Read More

Amazon quietly concludes $7.99/mo Prime trial

If you had any interest in a monthly Amazon Prime subscription, we hope you acted quickly, because the offering has already been scrapped without a detailed explanation. Two weeks ago, the company revealed that it would lower the entry barrier to its Prime service, which has traditionally required a lump sum payment of $79.99 for a year's worth of free two-day shipping (plus cheap overnight rates) and access to thousands of digital videos and books.

Read More