Hulu reducing monthly subscription prices in Japan by 33 percent

Looks like Huluers in the Land of the Rising Sun may have something to cheer about, as the entertainment service announced earlier it's lowering its monthly fees. Hulu claims the reason behind the dropped prices comes from having "listened to user feedback and assessed current market situations" -- or perhaps from taking note of the million-plus customers it gained with a similar strategy in the US. With the new charge, Japanese folks will only have to shell out 980 yen (around $12) per month, a hefty reduction considering the previous fee of 1480 yen. Naturally, before the current clientele throws a temper tantrum, Hulu's promising a 500 yen refund to make up for the recent shift in prices. You can learn the rest of the deets on the Hulu blog, which is linked down below.