Hulu is currently building a live TV package that would allow the company to compete with cable TV providers. According to The Wall Street Journal the package will be “in the ballpark” of $40 per month.
Until this time Hulu has only offered on-demand TV show replays and a handful of select movies and documentaries.
The new product, according to The WSJ, would allow for live TV streaming alongside a DVR service that would allow viewers to record their favorite shows and play them back at their own convenience.
Must like Playstation Vue and Sling TV, Hulu will offer only a “skinny bundle” of cable packages.
Hulu aims to launch the service in the first quarter of 2017, sources told The Journal.
The following channels will be included: Disney’s ABC, ESPN, and Disney Channel, along with the Fox broadcast network, Fox News, FX and Fox’s national and regional sports channels.
It’s not clear what other channels may find their way onto the service. The current listing of channels are owned by the companies that have controlling interests in Hulu.
Comcast’s NBCUniversal doesn’t have any say in the management of the company because of the terms of its acquisition of NBCUniversal. Comcast hasn’t yet agreed to license its networks, sources told the Journal.
Many stations are attempting to offer their own internet options to lure cord-cutters which means Hulu may find it hard to lure in additional channels.
In any case, the move shows that major over-the-air networks and some traditional cable channels are willing to try new mediums to lure in customers who are ditching expensive cable packages that feature hundreds of channels they will likely never watch.