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Hulu expects to have 1M+ subscribers by end of summer

The Hulu website is seen in this photo.

July 7, 2011 12:00:00 AM PDT
The online video service Hulu said it expects to have more than a million paying subscribers by the end of the summer.

The company said by the end of June, 875,000 people had signed up for the $8-a-month service. Those customers get access to a deep catalog of TV shows and can watch on mobile devices.

Hulu's current owners, News Corporation, Comcast and Walt Disney recently put the company up for sale.

It's been rumored that Google and Yahoo have both shown interest.

Disney is the parent company of ABC7.