>>> we're getting some news on
hulu
julia boorstin is in los angeles
with that story.
>> hulu is changing the prices
for its streaming services
it's lowering the cost of its on
demand service with ads cutting
it to $6 to $8
without ads is holding steady at
$12 and month, and it's raising
the price of streaming bundled
with on demand from $5 to $45 a
month, while the top tier
service goes up to $51 from $44.
this is hulu's first price hike
since launching skinny tv
bundles 18 months ago.
it has added a dozen live tv
channels includining cw and the
discovery channel.
presumably this is to hold onto
customers when there is so much
streaming competition.
this makes its ad-supported
experience meaningfully less
expensive than netflix which
doesn't have ads
this comes as all of hulu's
parent companies prepare to
launch streaming services,
comcast, is working on an ad