Hulu Cuts Paid Service’s Price 20% to Take On Netflix
This article is for subscribers only.
Hulu LLC, the video website owned by three of the biggest U.S. broadcast networks, reduced the price of its paid service by 20 percent after an initial trial period, stepping up competition with Netflix Inc.
The Hulu Plus monthly subscription costs $7.99, the Los Angeles-based company said today in a statement. The price during the trial period, announced in June, was $9.99.