According to Gear Live’s sources, Hulu will be coming to the Xbox 360 at E3 and will be available on a subscription based model.
The guys over at 1UP say that Microsoft internally has a Hulu application for the Xbox 360. Todd Bishop points out that Hulu is working on implementing their own subscription model and might offer Xbox streaming as a free bonus or for an additional fee to this subscription.
Project Natal, Netflix and Hulu make the Xbox 360 as a great companion to the family television set in the living room. A Blu Ray player too in the future perhaps?