While Netflix is raising prices, Hulu is lowering its own. In a move to better compete with streaming rivals – and pick up new customers who think Netflix just got too expensive – Hulu this morning announced it’s lowering the cost of its streaming service by $2.00 per month. Curre…
While Netflix is raising prices, Hulu is lowering its own. In a move to better compete with streaming rivals – and pick up new customers who think Netflix just got too expensive – Hulu this morning announced it’s lowering the cost of its streaming service by $2.00 per month. Currently, the service is $7.99 monthly. After the price change goes into effect, it will only be $5.99.
Hulu’s changes come shortly after Netflix’s decision to raise the price for its most popular plan in the U. S. to $12.99 per month, up from $10.99. Its one-device plan is also now going up to $8.99 per month, and the four-device plan is $15.99.
Following Netflix’s announcement, various consumer surveys indicated that at least some Netflix customers may consider dropping the streaming service, as a result, or at least downgrade.
But how many people said they would actually ditch Netflix varied widely, depending on which survey you read. Streaming Observer, for example, said that 10 percent of customers were considering downgrading their plan and 65 percent would consider a discounted ad-supported plan, like Hulu.
