Hulu’s May 24th “Hulu Plus” subscription will apparently miss its scheduled debut, according to sources. The company is planning a $9.95 monthly subscription package which would allow access to a back catalog of streaming content; but “people familiar with the company” are now saying that Hulu Plus is unlikely to be ready in time for a launch next Monday.

If the info is accurate, no one is sure if the delay is a technical one or due to ongoing negotiations with some content providers. Rumors are that Fox, ABC and NBC, who make up Hulu’s owners, are pretty well decided on what subscribers will get for the money, but we don’t have exact details.

We’ve all heard the back and forth over which is better, HTML5 or flash or just watching stuff on your HDTV. Many think that HTML5 will save streaming video, but Hulu VP Eugene Wei recently went on record stating that HTML5 can’t handle Hulu’s current needs.

DRM seems to be a big part of the problem. HTML5 doesn’t support it. Hulu needs it. Otherwise we would all just be able to right click to save any Hulu show. Good for us, but for Hulu not so much.

Sadly Hulu is ready to invade our wallets. At least some parts of Hulu won’t be free for much longer. We heard back in January that they were considering charging for the service and now the LA Times says that a subscription service could go into effect as early as May 24th. Yikes.

According to “people familiar with the matter,” viewers would be asked to pay $9.95 per month for access to episodes that aren’t brand new. Hulu will continue to provide the five most recent episodes of hit shows for free, but a paid subscription will be required to view shows older than that.

We knew that the day would come when HULU started charging for episodes and that day may be soon. According to The LA Times, Hulu is thinking about a pricing model that would go into effect in the next six months.

One of the options they are contemplating is to allow you to watch the five most recent episodes of a TV show for free, with the older episodes requiring a $5 monthly fee. At least 20 shows would be in the package to make it look good to users.

I am a big Hulu fan; I often use the site to watch old TV shows like A-Team and Airwolf with my kids. Typically, the old shows I loved so much as a kid are not as cool now as they were then, I wish they would remake A-Team as a series like they did Battlestar Galactica.

ComScore has announced the rankings for video sites for March and for the first time Hulu has climbed into the top three video sites. Hulu viewers watched 380 million videos on the site during March, which sounds like a lot until you see how many videos were watched on YouTube.