Todd Spangler / Variety:
Regulatory filings show that Hulu lost about $357M in Q2 due to higher programming and marketing costs; parent companies to invest an additional $1.5B in 2018 — Parent companies to invest additional $1.5 billion in streaming venture in 2018 — Hulu's cash burn has accelerated …
from Techmeme https://ift.tt/2OYsuJa
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