Hulu and YouTube draw hundreds of thousands to live platforms

Hulu has attracted about 450,000 subscribers to its new live TV service, while competitor YouTube Live has signed up just over 300,000, according to CNBC.

Why it matters: Both services (Hulu Live TV: $39.99/month; YouTube Live: $35/month) launched last year as alternatives to traditional cable packages. Despite strong early numbers, they still trail Dish's Sling TV (2 million) and DirecTV Now (1 million).