For those of you that aren’t thrilled about Netflix raising its prices by $1 to $2 a month so you can stream things like Best Picture Oscar nominee “Roma,” Hulu has something it hopes might lure you over to its streaming TV service.
On Wednesday, the company said it is dropping the price of its basic streaming TV service by $2, to $5.99 a month. Hulu said in a statement that subscribers will continue to be able to watch everything from the company’s library of more than 85,000 TV episodes and movies at that price, with commercials.
The new pricing structure will take effect for new subscribers Feb. 26, and for current subscribers on their next billing date after that date. Two weeks ago, Hulu said it ended 2018 with 25 million subscribers.
While Hulu is cutting the price of what is believed to be its most-popular streaming plan, that plan is where the price reduction ends.
The company is leaving the price of its streaming service with no ads unchanged at $11.99 a month. Meanwhile, it is raising the prices of its packages that offer a set of live TV channels. Hulu with live TV and ads will go from $39.99 to $44.99 a month, and its live TV option without ads will increase by $7 a month, to $50.99.
