Hulu video site's revenue will reach $1 billion in 2013

LOS ANGELES Wed Dec 18, 2013 11:55am EST

LOS ANGELES Dec 18 (Reuters) - Revenue from video streaming website Hulu will reach $1 billion in 2013, up from $695 million in 2012, Chief Executive Officer Mike Hopkins said on the company's blog on Wednesday.

Earlier this year, Hulu reached 5 million subscribers, Hopkins said. The company is owned by Walt Disney Co, Twenty-First Century Fox Inc and Comcast Corp .


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.