Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Hulu and YouTube both launched livestreaming services last year to take on big cable companies with packages of online TV channels. It's still early, but they're making some progress, according to numbers revealed to CNBC.
Hulu's live offering has about 450,000 paying subscribers, not including recent promotional customers, according to people familiar with the matter. YouTube TV has just more than 300,000, said the sources, who asked not to be named because the numbers are private.
Neither Hulu nor Google, which owns YouTube, have formally announced subscriber numbers, and representatives for both companies declined to comment for this story.
Over-the-top providers of live content are gauging how many American households have an appetite for live online video as an alternative to traditional cable packages. YouTube TV costs $35 a month, and Hulu with Live TV costs $39.99 per month, with both offering viewers a combination of live sports, news and events from a host of networks. Hulu's product also includes its standard offerings of video on demand.
While they have a certain appeal to cord cutters, Hulu and YouTube may struggle to substantially grow their customer base because canceling is so easy and the value proposition compared with video on demand isn't very good, said Rich Greenfield, an analyst at BTIG.
"If you don't care about live sports, the original Hulu product is awesome," Greenfield said. "You can get all of the programming you want for more than $30 less. And YouTube is free. It actually shows you how poor the value proportion is for live TV."
Hulu, which competes with Netflix and Amazon Prime Video, costs $8 a month for an online library of TV shows and movies. Hulu announced earlier this month that it has more than 17 million paying customers spread across both its on-demand and live TV services.
The live services from Hulu and YouTube trail DirecTV Now, which said last month it had reached 1 million subscribers, and Dish Sling, which research firm comScore estimates has more than 2 million.
DirecTV and Dish have been willing to give viewers an alternative to their legacy services to compete for a younger audience that can buy video content without the cost of installing of a satellite dish.
YouTube TV launched in April and is available in more than 80 percent of U.S. households. Hulu started offering the beta version of its live service the following month with 50 channels.
Over the last several years, online live TV services have hammered out programming agreements with cable channels and broadcast networks to bundle programming that competes with traditional cable-TV operators, such as Comcast and Charter.
But cable and satellite TV are stickier businesses than web-based services because they're so difficult to cancel, Greenfield said.
"You can cancel these livestreaming services with four clicks of a button," Greenfield said. "Have you tried canceling your cable?"
Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com, and also is a co-owner of Hulu.