Hulu is lowering the price of its basic plan just a week after Netflix raised the price of theirs.
Hulu said Wednesday that the price of its cheapest plan would be reduced from $7.99 per month to $5.99 per month, The Verge reports. This is the Hulu plan with commercials; getting rid of ads will still cost $11.99. The streaming service is, however, raising the price of one of its plans: the live TV package, which will now cost $44.99 rather than $39.99. These changes will be implemented at the end of February.
Like Hulu, Netflix's cheapest plan used to be $7.99, but that will soon go up to $8.99, meaning a basic Hulu account will now cost $3 less per month than a basic Netflix account. The key difference, though, is that no Netflix plan includes advertisements. These are just the latest shots Hulu has fired at Netflix after previously dropping a documentary about Fyre Festival days before Netflix was able to release its own.
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As The Verge notes, changes are likely to come to Hulu in the coming year, as Disney is set to take majority ownership over the platform. Disney currently owns a 30 percent stake in the company, as does Fox — Disney will take over those shares once the company finalizes its purchase of Fox. Disney also plans to introduce the new streaming service Disney+ in late 2019.
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