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"Hulu has revealed that it is on track to hit $500 million in revenues this year and had 50% more advertisers in the first quarter of 2011 than the same period in 2010.\nOn Hulu\u2019s blog, CEO Jason Kilar revealed some results from the first quarter. Chiefly, Kilar reports that the \u201Ccontent community\u201D will earn about $300 million through Hulu in 2011 and that the platform now boasts 289 advertisers, up from 194 in Q1 2010.\nHulu also grew the number of content partners to Hulu Plus and Hulu from 211 in Q1 2010 to 264 in Q1 2011. Those include some Viacom brands such as BET, Comedy Central, MTV and VH1. The company also reports that it is on pace to surpass 1 million Hulu Plus subscribers this year.\nThe news isn\u2019t completely unexpected. Speaking at the Internet Advertising Bureau\u2019s 2011 Annual Leadership Meeting in Palm Springs, California, in late February, Kilar predicted the same revenues.  But the upbeat outlook also comes after another report in January that Disney and Fox were considering pulling content from the site because they were uncertain about the three-year-old company\u2019s business model."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2011/04/05/hulu-adds-advertisers/>