“Last month, The Los Angeles Times said Hulu was set to roll out a subscription service ‘as soon as May 24,” Peter Kafka reports for AllThingsD. “That’s next Monday. But people familiar with the company say there’s no way a Hulu Plus will be up and running by then.”
“When will the long-discussed premium service be ready? I don’t know,” Kafka reports. “I’m still not entirely convinced that the joint venture–owned by News Corp.’s Fox, Disney’s ABC and GE’s NBC–has completely settled on terms of the plan, though I think they’re agreed on the broad strokes: $10 a month, for access to a deeper catalog of broadcast shows plus access to the service on devices like Apple’s iPad. (Regular Hulu, which is on a pace to generate $200 million in advertising this year, remains free).”
Kafka reports, “One person familiar with the company’s plans tells me the new service will be ‘revolutionary.'”
Full article here.