Hulu to Start Charging in 2010 – No More Free Shows on Hulu
Well, this sucks. Hulu will be changing its business model soon – say goodbye to free shows, and hello to a fee based subscription.
News Corp. Deputy Chairman Chase Carey commented at a Broadcasting & Cable summit, “It’s time to start getting paid for broadcast content online. I think a free model is a very difficult way to capture the value of our content. Hulu concurs with that, it needs to evolve to have a meaningful subscription model as part of its business.”
While no date has been given for when Hulu will start charging, Carey believes it will begin in 2010.
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On October 22nd 2009, Virgil's Diner wrote:
This may not be all bad. Hulu may be pushing forward with this because they believe viewer habits are changing, which may signal a move away from traditional television viewing. Take this argument all the way through and it could signal the death of cable television. Crazy? I won’t bore you with all the details here, but you can read my whole rationale here: http://tinyurl.com/yj2kztv