Streaming is not making networks money. Really??

DHD just reported that Jeff Zucker has come clean on the nonsense that streaming on the internet doesn’t make any money.

From DHD:

Today at a media conference, NBC Universal chief Jeff Zucker was asked whether Hulu.com, a joint venture between NBC and News Corp.’s Fox that offers free ad-supported TV shows and movies, can make money. Zucker answered “Yes… Let me just say it’s well ahead of plan and something we think will be an important contributor to our company for many years to come.”