Hulu, the company that streams shows from Fox, NBC and more, will soon charge a monthly subscription fee of $9.95. The subscription plan, called Hulu Plus, won’t negate their current user base. Instead, shows, such as Glee, Family Guy and others will be available for free, but streaming will be limited to the 5 most recent episodes. If viewers want to see older episodes they’ll need to pay the monthly rate.
As of now Hulu turned a profit in the last two quarters and has generated more than $100 million in revenue from advertising since its inception 2 years ago.
(www.hulu.com)
Published on: April 24 2010
