Is Hulu About to Turn the Screws on Consumers?
That said, the newspaper has been right before. Even if they're not, the report the newspaper published over the weekend holds considerable meaning for investors in and observers of the media space.
The Post claims that Hulu plans to shift to a model where subscribers to the online streaming service must prove that they also subscribe to pay-cable or satellite television. According to the report, this is one factor that led to Providence Equity Partners' decision to sell its stake in Hulu to majority owners News Corp.(NWSA) , Disney(DIS) and Comcast(CMCSA) .