Reports: Hulu Coming to Xbox Live, PSN as Subscription

From DailyTech: Hulu is the web's hottest source of TV episodes, and one of the most visited sites on the internet. The PS3 may be in third place in the current generation console war, but many view it as the ultimate multimedia machine, with the ability to play a vast variety of content, including Blu-ray discs.

The two entertainment giants could soon be officially coming together according to sources from a Bloomberg report. These sources say that Hulu LLC is nearing a deal with Sony that would add a paid Hulu service to the Playstation Network (PSN).

PSN is a free service for PS3 and Playstation Portable owners. The service currently has over 50 million registered users. By paying a small fee, users with PS3s would gain on demand access to prime-time TV shows from NBC, Fox and ABC.

According to Reuters, Hulu LLC has a similar plan to deliver its service to Xbox 360s over the Xbox Live service. By delivering to these consoles, Hulu would gain a major outlet for its new paid-subscription service and launch itself into direct competition with cable and satellite TV providers.

Sources close to Hulu LLC have said previously that the company will keep much of the company's content freely available to non-subscribers. Non-subscribers will be able to view three to four of the most recent episodes of a show. Subscribers to a service rumored to be priced at $9.95 would gain access to a much larger library of shows, including entire season of certain shows.

There's also talk that the services coming to the gaming console networks may have pay-as-you-go/on-demand options, as well.

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