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(Image from article: "Streaming Media Elude Profits")

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Hulu Revenue 2012: Web TV Service Books $695 Million

Hulu, the privately held Internet streaming TV service, will generate about $695 million in revenue in 2012 and finish the year with more than 3 million paying subscribers, the company's CEO said on Monday.

Streaming Media Elude Profits

Digital advertising likely won't compensate for loss of traditional revenues.

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