BUSINESS BLOGS
BUSINESS BLOGS
category: business
01 Apr 2009

Hulu’s revenues, via Business Insider/Business Week/ScreenDigest:

Amel now thinks Hulu will make $120 million in ad sales this year, down one third from his previous estimate of $180 million. Amel says Hulu is only filling about 60% of its ad inventory, filling the rest with public service announcements.

YouTube’s quarterly losses, via Venture Beat:

Google increased its market share in display ads over the past year, but that growth came at a cost. Google has spent roughly $10 billion on non-search initiatives and properties, with much of it being written off, we’re told. The $1.6 billion YouTube deal, for example, was under Armstrong’s jurisdiction. Word is that some employees at the video site are only staying through the summer to fully vest their options but will then leave, with YouTube still allegedly losing $200 million a quarter on streaming costs. Google has not responded to requests for comments on this article. AOL declined comment.

Facebook’s profitability, via Business Insider:

    - Facebook’s revenue is growing 70% from where it was last year. (We believe last year’s revenue was about $365 million, so assuming some slowdown through the year, this would put 2009 revenue at $500 million-ish)

    - The company has generated positive EBITDA (earnings before interest, taxes, depreciation, and amortization) since August of 2007.

    - The company expects to start generating cash from operations (”Operationally cash-flow positive including cap-ex”) at some point during 2010.