Hulu drops price of its entry-level plan
Netflix last week raised two of its pricing tiers, compared to Hulu's price cut in September.
The competition between two major streaming services is heating up.
While Netflix announced last week that it's raising the price of its standard subscription plan, Hulu is offering new subscribers a price cut as of Sept. 21.
According to Hulu's website, until Jan. 9, subscribers can sign up for the entry-level plan of $5.99 a month for the first year. That's down from $7.99 a month. The commercial-free plan remains priced at $11.99 a month.
Three weeks ahead of the season 2 premiere of "Stranger Things," Netflix announced it was raising its standard subscription plan from $9.99 to $10.99. Its 4K streaming plan also increased from $11.99 to $13.99. Its entry-level service is still priced at $7.99.
Hulu has been adding to its current services. In May, it launched a $40-a-month live TV streaming service with more than 50 channels. The service also includes DVR storage.
Watch out: Hulu offers similar offers around September yearly.
Correction, 6:10 p.m.: The story misstated the launch date of Hulu's offer. It started in September, before Netflix's price increase.