Just as Netflix’s prices go up, Hulu’s are going down.
Hulu has announced today that its reducing the price of its ad-supported subscription plan to $5.99 per month. The current price for Hulu’s lowest-tiered plan is $7.99 per month.. The company’s “no ads” plan will remain priced at $11.99 per month.
This move comes just a week after the streaming service’s biggest competitor, Netflix, unveiled its largest price increase ever. The price of Netflix’s most popular plan is now $13 per month.
However, the move to undercut Netflix’s prices isn’t the first time Hulu’s taken a swipe at its competitor this month. Last week, amid Netflix’s big promotion for the upcoming release of its anticipated Fyre Festival documentary, Fyre: The Greatest Party That Never Happened, Hulu dropped a surprise. It released its own Fyre Festival documentary, Fyre Fraud, before Netflix’s film. Read more…
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