Hulu Plus set to hit 1 mln subscribers

(AP) -- Hulu Plus, the video subscription plan that charges $8 a month to watch a range of TV shows online, will have 1 million paying customers this year and post annual revenue of more than $200 million.

New York Times suffers quarterly loss

The New York Times Company said Thursday it lost $120 million in the second quarter, as income from digital subscriptions failed to make up for a steep write-down of its print newspaper assets.

No IPO for Hulu for now: report

US online video entertainment site Hulu has decided not to go public for now and may examine other financing options, The Wall Street Journal reported late Monday.

Netflix ups fees for Blu-ray amid rising demand

(AP) -- Online DVD rental leader Netflix Inc. is raising its prices for Blu-ray discs in a change that will triple or quadruple the high-definition surcharge on Netflix's most popular subscription plans.

Rdio extends free trial period for music plan

(AP) -- Music startup Rdio has joined several competitors in a crowded field of all-you-can-listening services by taking the time limit off its free trial.

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