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CNBC Exclusive: CNBC Excerpts: Hulu CEO Mike Hopkins Speaks with CNBC’s Julia Boorstin on “Squawk Alley” Today

WHEN: Today, Tuesday, July 21st

WHERE: CNBC's "Squawk Alley"

Following are excerpts from the unofficial transcript of a CNBC EXCLUSIVE interview with Hulu CEO Mike Hopkins and CNBC's Julia Boorstin on "Squawk Alley" (M-F, 11AM-12PM ET) today. Following is a link to video from the interview on CNBC.com: http://video.cnbc.com/gallery/?video=3000399394.

All references must be sourced to CNBC.

HOPKINS ON COMPETITION

Online streaming is booming and subscription on demand is as well. What we're focused on at Hulu is really building the best service for our customers and creating amazing experiences for them as we seek to grow.

HOPKINS ON NETFLIX

Certainly Netflix has done a great job and they were the first to launch. We're clearly growing fast though. We've added 50% to our subscriber base over the last year and our trajectory looks really good.

HOPKINS ON ORIGINAL CONTENT

We've been very aggressive over the last year and especially the last couple of months announcing deals with great creators. We're in production with a show with JJ Abrams, Jason Reitman, Jason Katims, Amy Poehler, and most recently Mindy Kaling. So we're really excited about the five new originals we've announced and the things we have in development look great as well.

HOPKINS ON SEINFELD

I can't confirm specific pricing, but since we launched Seinfeld about a month ago, it's really risen to be one of our top shows, which is surprising to a lot of people given that it's a 20-odd year old show, but it's resonant today as it was back then. We're finding we're able to deliver new subscribers and new viewers to that show. Our average age is 33 and so many of our subscribers weren't watching broadcast TV back in the 90's when Seinfeld was on. We're finding it's resonating with them today just as it did then.

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