Hulu Live TV ended the second calendar quarter of 2025 (Disney Q3 FY25) with 4.3 million subscribers. The subscriber update confirms Hulu Live TV lost around 100,000 subscribers between April and June of this year.
Hulu closed out the first quarter of 2025 with 4.4 million subscribers, and that was already reflective of a loss of around 200,000 subscribers on the previous quarter.
As a result, Hulu Live TV has lost around 300,000 subscribers over the first half of this year.
Considering, Hulu Live TV didn’t add any subscribers during the final three months of 2024, the live TV service hasn’t seen an increase in subscriber since the end of the third quarter of last year.
The picture doesn’t look quite as bad on a year-over-year basis. As the service ended the second calendar quarter of last year with 4.4 million subscribers, Hulu Live TV has only lost around 100,000 subscribers year over year.
The picture also looks better when zooming out and looking at the entire Hulu platform.
After finishing the first calendar quarter of 2025 with 50.3 million SVOD (basic Hulu) subscribers, Hulu closed the most recent quarter with 51.2 million, an increase of around 900,000.
When factoring in both live TV and SVOD, Hulu ended the second calendar quarter of 2025 with 55.5 million subscribers, up from the 54.7 million reported at the end of the first quarter. The 55.5 million is also up more than four million on the 51.1 million subscribers reported for the end of the second quarter of last year.
According to Disney, the expectation is that Hulu will see another increase in subscribers during the next quarter. This will primarily be the result of Disney’s expanded deal with Charter, which recently saw Spectrum TV Select customers gain access to Hulu at no additional cost.
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