Tag Archives: price
The Latest: UK food retailers warn of price hikes, shortages
Hulu dropped the price of its standard plan right after Netflix raised its prices
In what is either an incredibly timely coincidence or an intentional act of aggression, Hulu announced on Wednesday that it is cutting the price of its standard plan down from $ 7.99 to $ 5.99 on February 26th. Hulu has previously lowered the price of this plan, but always as part of a temporary promotion. This appears to be permanent. The "No Ads" plan will remain at its current price of $ 11.99, as will the $ 12.99 Hulu/Spotify combo plan.
Hulu's announcement comes just days after Netflix unveiled the biggest price increase in the history of the streaming service. Netflix's popular standard plan (HD video and two streams at once) jumped from $ 10.99 to $ 12.99, while the basic plan was bumped up by a dollar and the premium plan increased by two dollars.
Netflix and Hulu, despite the fact that both have invested a significant amount into original programming, are markedly different services. That said, seeing the price of the standard plan on one increase while the other goes down may be enough to convince a few new subscribers to take a chance on the cheaper service.
Unfortunately, it's not all good news for Hulu subscribers, as the Hulu + Live TV plan is actually going to be subjected to a price hike as well. Starting on February 26th, the live TV plan (which also includes 85,000+ episodes of television and thousands of films on demand) will rise from $ 39.99 to $ 44.99. A $ 5 increase is nothing to sneeze at, but it is worth noting that no other live TV service can offer the same on demand library as Hulu.
As a peace offering of sorts for live TV customers, Hulu is also dropping the price of the Enhanced Cloud DVR add-on (which bumps cloud storage up to 200 hours from 50 hours) and the Unlimited Screens add-on from $ 14.99 to $ 9.99, respectively. It's not much, but it should balance out the price hike for some live TV subscribers
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Saudi says to cut oil output as producers discuss price dip
Saudi Arabia, the world’s top crude exporter, said Sunday it will cut oil output from next month, as major producers held a key meeting to discuss shoring up sliding prices. Saudi Energy Minister Khalid al-Falih announced the kingdom was cutting its supplies by 500,000 barrels per day from December. Oil prices have shed a fifth of their value in just one month after surging to a four-year high in early October, driven by a combination of factors centred on higher supply and fears of sluggish demand.
Pastor's Fate Steals Rates Spotlight From Turkey Price Shock
A ruling by a court in Izmir to let American pastor Andrew Brunson walk free would go a long way toward defusing the worst diplomatic crisis in decades between the U.S. and its NATO ally. “If he is released, the Turkish lira is likely to rally, and this in turn would lessen pressure on the central bank to act,” said Piotr Matys, a currency strategist at Rabobank. The U.S. imposed sanctions over Brunson’s detention, and the threat of further punishments hangs over the lira, which has already lost almost 40 percent of its value against the dollar this year.
Amazon’s Wage Raise Is a Small Price to Pay for Its Reputation
The company said on Tuesday that it would increase minimum pay to $ 15 an hour starting next month for full-time, part-time and seasonal workers as well as those hired by temporary staffing agencies. The pay of workers already making $ 15 an hour in its warehouses and customer service operations will increase as well, Amazon said.