Nov 18, 2010 15:56 GMT  ·  By

The application that allows iOS device owners living in The States to stream thousands of episodes from hundreds of current and classic TV shows has received a software update this week adding a new split-screen player on the iPad, enhanced queue and subscription management, improved playback performance, and more.

“I am happy to announce that today we are launching the Hulu Plus subscription service out of preview,” wrote Hulu Jason Kilar, Jason Kilar, in a recent blog post.

“With this launch, we are proud to offer our users the only subscription service with the full current season of hit TV shows like Glee, Modern Family, The Office, House, 30 Rock, Grey’s Anatomy, and more, with minimal ad-load, across computers, TVs, mobile phones, and tablets.”

The CEO claims that his company has always been about “providing our users the best value possible in all of our offerings.”

With that out of the way, Kilar was anxious to dish out more updates.

One of those is the price drop for the monthly subscription to use Hulu Plus.

According to Kilar, “the monthly price for Hulu Plus moving forward is just $7.99. Any current subscribers who joined during our preview period will receive a credit for the difference from the $9.99 preview price,” he explains, adding that the next billing cycle will see this credit automatically applied.

“We haven’t forgotten about our existing device lineup and applications, either. Over the next week, updates to the Samsung, PlayStation 3, and Apple iPad, iPhone, and iPod touch Hulu Plus apps will be available, bringing a variety of bug fixes and feature and performance enhancements,” Kilar confirmed.

For now, the enhancements touching the iPhone and iPad version of the Hulu Plus application are:

• New split-screen player on iPad • Enhanced queue and subscription management • Improved playback performance • New thumbnail behavior on iPad • Miscellaneous bug fixes

Download Hulu Plus for iOS (Free)