Bloomberg—Bloomberg via Getty Images
By Alexandra Mondalek
October 3, 2016

After announcing that it would end its free TV streaming service, Hulu is walking back the price it originally charged users in August.

Just two months ago, the online TV site phased out its free service in favor of an $8 per month starting price. Now, it’s dropping its price to $6, making it a much cheaper alternative to services like Netflix ($10) and equal to CBS All Access ($6).

The catch: The plan will return to $7.99 per month after one year, and is only available to new subscribers, according to the service’s website. Hulu’s service options are much like those of CBS All Access. They both start out at $6 per month for limited commercial play, and charge more for commercial-free viewing.

The streaming service price wars come at a time when the space is increasingly crowded. That, of course, is a good thing for consumers. As prices drop and their options increase, streaming becomes a more affordable and accessible alternative to traditional cable packages.

And if you want to figure out exactly which streaming service is right for you, check out MONEY’s guide on the subject: 7 Streaming Packages That Will Let You Cut the Cord for Good.

You May Like