Hulu's free TV streaming service is back in the news with the announcement of other television apps for the iPad coming on launch day. Rumors of an iPhone app from Hulu have swirled around the company for a year now, with no application ever hitting the App Store. Now Hulu, seeing an opportunity on the iPad platform, is said to be negotiating rights clearances with content providers for the device.
Any mobile Hulu app would likely be based on a subscription model to increase revenues. Although the company has been profitable in the last two quarters, the NY Times reports that some of its 200 content suppliers believe revenue from the service needs to increased. 903 million video streams were watched using Hulu this January.