Hulu launches $9.99 monthly premium service called Hulu Plus

Heavily rumored for the past several weeks and widely expected, Hulu just announced the launching of a new premium tier for $9.99 a month. The new premium plan will allow subscribers access to  an entire TV season. The free tier will also be still available.

Hulu Plus will initially be available on Apple’s iPad and iPhone as well as XBOX 360 (early 2011), Samsung TV and Blu-ray players and Sony PS3, TV and Blu-ray players and Vizio. Initially the service will be rolled out based on invitations.

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