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> Hulu ... $600 million this year

> TV still generates more than $70 billion ... viewership is down 12.5%

I can totally understand their decision here. Hulu cost them 9b in revenue, and only returned 600m.

(Whether this drop is actually because of Hulu or not is more at issue, but I can see them thinking it is.)



Just curious... where are you getting the $9B number from?


Looks like 70*0.125




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