Hulu Boosts the Price of Its Live-TV Service
- ‘The wheels are already falling off’ the live-TV business
- So-called skinny bundles have struggled to make money
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Hulu will increase the price of its online cable TV alternative product Hulu Live by $10 to $55 a month, the latest sign providers are having trouble making money on discounted packages of channels that rival cable.
Hulu Live, which offers about 60 channels such as ESPN and CNN, was first introduced two years ago. The price increase takes effect Dec. 18, the company said in a statement.