One Major Streaming Service Is Reportedly Growing Its U.S. Subscriber Base Faster Than Netflix

Jun 26, 2019  •  Post A Comment

The growth story of 2019 among subscription video services, according to a new report by Decider.com, is Hulu. The report notes that Disney’s deal last month with NBCUniversal will give Disney “full ownership and control over Hulu during the next five years.”

“The SVOD service added 3 million new subscribers in the first four months of 2019 and is now growing U.S. subscribers at a faster pace than Netflix,” the story reports, citing a Hulu spokesperson who notes that 26.8 million of the 28 million current Hulu subscribers are paid subs, while 1.3 million are promo/trial subscribers.

The report suggests that a torrent of new content is on its way to Hulu.

“Disney just inked a deal with Lionsgate that will make FX the cable home and Hulu the streaming home for Lionsgate theatrical releases starting in 2020,” Decider reports, adding: “The ‘Little Fires Everywhere’ miniseries produced by and co-starring Kerry Washington and Reese Witherspoon is in production and barreling toward Hulu’s 2020 originals slate and likely a big Emmy campaign.”

“The entire ‘Veronica Mars’ catalog is joining Hulu on July 1 ahead of the 8-episode fourth season that drops July 26 exclusively on Hulu,” the report adds. “And Marvel will continue to have a big presence on Hulu with Season 3 of ‘Marvel’s Runaways,’ two new live-action shows — ‘Ghost Rider’ and ‘Helstrom’ — and four new animated shows all in production for 2020.”

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