Internet TV streaming service Hulu said on Wednesday it will offer an ad-free version for $11.99 per month, $4 more than its traditional service. The announcement comes after Hulu, a joint venture of Comcast Corp. ; 21st Century Fox and The Walt Disney Co. , inked a content deal with premium cable movie channel Epix, which is owned by MGM Holdings Inc. ; Lions Gate Entertainment Corp. and Viacom Inc. . Hulu’s ad-free price point is higher than competitors Netflix Inc. , at $8.99 per month, and Amazon.com Inc.’s Prime Instant Video, which is about $8.25 per month.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News