Hulu In The Red As It Mounts Netflix Challenge

By | November 6, 2015

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Hulu is losing more money as it takes on Netflix (NFLX). But its proud parents are willing to foot the bill to create a video streaming powerhouse. While Hulu has been on a hot streak — signing content deals that make it a stronger rival to Netflix and Amazon.com’s (AMZN) video streaming service — costs are rising. Co-owner Walt Disney (DIS) referred to Hulu’s “higher content and marketing costs” in its fiscal Q4 earnings release. How much Hulu is Scalper1 News

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