Hulu’s long-rumored online TV service is about to become a reality, it seems. James Murdoch, CEO of co-owner 21st Century Fox, told analysts on his company’s fiscal call that the Hulu service will be launching in the next two months.
The service is co-owned with Disney, Comcast, and Time Warner, and will go up against a plethora of competitors in the online TV space. Murdoch, for one, welcomes the competition:
“We expect this explosion of [online TV] competition to benefit customers, spur innovation and grow the overall market place in the U.S., where topline [pay-TV] subscriber growth has not been so great . . . We’re at the beginning of a great transformation in the business.”
Especially if the price is right, will you be subscribing to Hulu’s online TV service?
[via Home Media Magazine]