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Technically yes on the surface. Though deeper down, telco/cable conglomerates may very well also own the internet pipelines which the streaming data is passing through. So they win either way, without having to do much of anything. The only way around this "heads I win, tails you lose"...

Besides Orville, are there any other Hulu exclusive first-run shows which might attract an audience to the streaming service?

Considering the new regime calling the shots on this show is now Disney, there's also the possibliity that Disney does not release any further dvd (or bluray) season sets for The Orville. (ie. Similar to what happened to Agents of S.H.I.E.L.D).