For the many people who either don’t have cable or just enjoy watching less commercialized television, Hulu is a great low cost fix to their favorite television shows. On Sunday, The Verge reported that Disney and News Corp are talking about selling their shares to one another or to an outsider. In addition to the changes of ownership, Hulu’s co-founder and CEO Jason Kilar will be leaving his post in April. Disney’s investment in television is not doing as well as Disney’s cruise line which rated the top three cruise ships in the world.
Hulu has a paid and free version of their services but the free version is very limited, especially if you are hooked on any particular program, Hulu will tell you to see the rest of the show you will need a Hulu Plus account for $7.99 a month. The cost is pretty cheap when you compare the costs of cable and dish networks which can run near or over a hundred dollars a month.
The problem for Hulu has not been so much that Disney and News Corp can’t agree in what their business model should be; Disney prefers advertising and News Corps wants more subscriptions; but that Hulu’s competitor, Netflix has over 27 million subscribers compared to Hulu’s three million.
Comcast owns the remainder of the third in Hulu, however when they bought NBCUniversal they are restricted from playing a part in the operations of Hulu. There’s no deadline at this time as to when Disney and News Corp will make a decision, let’s hope for the sake of loyal subscribers, one won’t need to jump ship.
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