Hulu in talks to offer paid subscription TV service
June 24, 2010 in News by Cameron
According to Bloomberg, Hulu is in talks with CBS Corporation, Viacom Inc and TimeWarner Inc to offer a paid subscription television service — which could either complement or replace the free version of the website, which is already available to Americans.
The service is expected to arrive on multiple devices and platforms, including Microsoft’s Xbox 360 and Apple’s iPad.
While it has been rumoured for some time now, discussions have been mounting over the last couple of weeks, with some suggesting the service could land as soon as September (when the new US television season kicks off).
20th Century Fox, NBC Universal and Disney all have invested interests in Hulu, so the bring the other studios on board would be a major win for the website, which currently competes with the CBS-owned TV.com.
Since launching in 2008, Hulu has lead the online ad-supported video business, offering free shows from NBC, FOX and ABC, including: ‘The Office’, ‘The Simpsons’ and ‘Grey’s Anatomy’, plus hundreds of feature length movies.
Back in February, Hulu’s international business development director Simon Gallagher revealed that the company were planning to take their service international — with Canada, the UK and Australia all in their sights. The company have yet to make any formal announcements about international launch dates.
Source: Bloomberg

