Hulu’s premium service, which launched back in June, may not be living up to the company’s expectations and may be in line for a price cut, according to Media Memo. The service offers full seasons of many popular past and current TV shows, but retains the ads that its free cousin also runs.
Hulu Plus, which currently costs subscribers $9.99 per month would cost $4.95 after the price cut, according to the report. Hulu has apparently declined to comment one way or the other.
Ten bucks a month didn’t seem worth it to me when Hulu Plus launched this summer, especially since it was still full of ads. Five bucks a month, however, undercuts fellow streamer Netflix and could open up Hulu Plus to a much larger subscriber base. If the company’s planned IPO goes well and Hulu is able to give a boost to its amount of content, they could definitely see a big jump in subscriptions.
Your turn, Insiders. Would a $5 per month Hulu Plus subscription be something you could get on board with?
(via Media Memo)