Netflix, Hulu, Amazon miss out on money as Millennials share passwords

Netflix, Hulu, Amazon miss out on money as Millennials share passwords

“We do believe that access to content creates perceived value of that content and will lead to a higher willingness to pay,” Hill said. But, “if the content is something they value, they’re going to find a way to access it.” Users 21 and younger are also more likely to share passwords among friends than […]

Bob Iger, chairman and chief executive officer of The Walt Disney Co.

Hulu loses roughly $1.5B a year, and Disney is set to double its stake

As of this week, Hulu’s major stakeholders have all reported earnings for the most recent quarter — and all three posted some big losses for the streaming service as it ramps up investments. Hulu doesn’t report official numbers — and declined to comment for this story — but some rough math of write-downs by Comcast, […]