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After its success at the Emmys, Hulu doubles its budget for the remainder of 2017

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After its success at the Emmys, Hulu doubles its budget for the remainder of 2017

The main protagonist of the Emmy Awards 2017 was Hulu, because it was the first streaming platform to win an award for best series for “The Handmaid’s Tale”, positioning itself above Netflix and Amazon Prime, a throne that previously won productions like Mad Men and The Sopranos. The main protagonist of the Emmy Awards 2017 was Hulu , because it was the India Mobile Database first streaming platform to win an award for best series for “The Handmaid’s Tale” , positioning itself above Netflix and Amazon Prime, a throne that previously won productions like Mad Men and The Sopranos.

While it is true that Netflix is ​​the streaming company that spends the most on original content , as it will spend 7 billion dollars for 2018, the truth is that it did not obtain the prestige that Hulu did with its original production. Before 2017, the company had indicated that it would spend less than a billion dollars this year for the creation of original content, as it has now reported that it will double the investment. India Mobile Database

After recognition at the Emmy Awards, Hulu assured that it will double its investment to 2.5 billion dollars for original content this 2017. The CEO of the company, Mike Hopkins, revealed that it is necessary to increase investment in content creation because the firm “is going through a good time”, coupled with the fact that it is the one that invests the least, because Amazon Prime will spend 4.5 billion dollars this year.

Currently, Hulu has only 12 million subscribers to its platform , but the number is likely to double after the success achieved at the Brother Cell Phone List Emmy Awards, although its strategy is not similar to Amazon and Netflix, of producing movies, but of focusing on content with television format, in addition to not investing in buying broadcasting rights. Also, the company revealed that enlists productions and adaptations of JJ Abrams and Steven Spielberg.

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