Monday, May 16, 2016

Hulu Developing a Virtual MVPD Service

According to a report from the Wall Street Journal, Hulu is developing a subscription service that would stream feeds of popular broadcast and cable TV channels, putting the company in competition with traditional pay-TV providers. The company hopes to launch the new cable TV-style online service in the first quarter of 2017.
Why This Matters: Until now, Hulu has offered on-demand programming from major networks, similar to Netflix. According to reports, Hulu, a joint venture between Fox, Disney and NBCUniversal, is nearing licensing deals with Disney and Fox for access to their channels. NBCU is also currently negotiating with Hulu.

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