Hulu Failure

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Before the persuasion of the year 2007 begins, the background of Hulu is greatly needed. Hulu was announced in 2007 along with other infamous businesses such as Myspace, AOL, and even Hotmail. The purpose of Hulu was to allow users to enjoy their favorite TV shows or movies without having to leave the couch. Although not making the initial mark in 2007, it is now the foundation, along with Netflix, for other venues such as Crackle, Vudu, Amazon Prime, and so many more. Unlike Netflix, In March of 2007 NBC universal shared their joint project with News Corruption. Around this same time the famous website YouTube was on the rise and didn’t like the sound of their up and coming rivalry , Hulu. Many people who heard about the jump start of …show more content…

Tickets for movies were rising and the economy was going right a long with it. American’s no longer had the luxury of spending. John Campea, author of “Economics Of the Movie Theater-Where The Money Goes And Why it Cost Us So Much”, states that “With the cost of today’s movies getting higher and higher, the studios leverage their position with the theaters to squeeze more and more…”. As the cost of movies we’re asking for more, they started asking the customers for more. However after Hulu and Netflix came out in 2007 the entire game was changed. Everyone was now accessible to TV shows and movies at a cheaper and more convenient …show more content…

For short term, there aren’t many; because of Hulu, ticket sales have been decreasing since the year 2007. According to Kirsten Acuna, from Business Insider Many platforms like Hulu, or Netflix, were opening up and they were making a mark on the film industry slowly but surely. Long-term effects from the launch of Hulu and Netflix are the major drop in TV ratings. It is very rare today to find somebody sitting down watching a TV show and waiting through the commercials until the end. Some would even call it barbaric. Thanks to websites like Netflix and Hulu customers are able to get quality when they want and without any interruptions. In a world where patience is no longer a virtue, it is time to accept the mark the Netflix and Hulu had. The foundation that they built to help adapt not only now but further years to

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