"Hulu could launch its initial public offering as early as autumn, the New York Times reports, with the firm consulting investment banks in a move that could value the video site at $2bn...
Brewing an IPO, Hulu may well also be holding back on investing in new market growth, focusing on maximising its advertising revenues. Hulu's 2009 revenue reportedly reached $100m, but profits are fairly small, give the popularity of the site in the US; hits including Glee, Family Guy and 30 Rock attracted 24m unique users during June."
from The Guardian
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Comment: So if that's right, and the float goes ahead at that price, Hulu could be worth 20x sales.
So what is Blinxk worth then, with profits due to come in this financial year?
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