Hulu unveils $9.99 monthly subscription

Hulu, the online video service owned by NBC Universal, News Corp. and Walt Disney Co., announced a new paid subscription service called Hulu Plus. The new initiative, which costs $9.99 a month, makes Hulu available on mobile devices such as Apple's iPad and iPhone as well as Blu-ray players, video game consoles and some Web-connected TVs.

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Wall Street Journal, The · New York Times (tiered subscription model), The · Broadcasting & Cable

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