Hulu's cheapest plan just got a price cut, but it won't last

It also increased the price of its premium plan. Likewise, the company has a new Live TV beta for $40 per month, which combines a live/on-demand TV service with Hulu's standard streaming collection.

Hulu's biggest selling point is that it has the largest bay of network programming - it helps that it is owned by Disney (owner of ABC), Comcast (owner of NBC) and 21st Century Fox (owner of Fox) - though it has dabbled with original programming to middling results. It seems like a great way to get your Hulu on if you aren't subscribed already. Note that the first 30 days come free of charge, so if you realize the service is not for you, you can just ditch it after the first month ends.

Hulu's special offer for the limited-commercials plan is available through January 9, 2018, only to new or returning Hulu subs. The discount will only apply if you're a new subscriber or if you canceled your previous subscription but you're now changing your mind.

Hulu offers two tiers for its monthly plan: an entry-level $7.99/month plan with full commercials or a more expensive $11.99/month plan for limited commercials. Netflix's move to hike prices could work out nicely for Hulu, perhaps serving to push a few disgruntled customers its way.

Hulu has cut the price of its cheapest streaming plan for a limited time only. The catch? The rate is good for one year only and, after that, reverts to the regular price.

Netflix has the most subscribers of any USA streaming service.

But it also undercut Netflix, which just raised the price of its most popular monthly plan by $1 in the U.S. and hiked the rate for its premium package a week earlier.