Hulu has confirmed it reached an agreement with NBCUniversal to include its channel line-up for its cord-cutting live TV plan. The deal includes channels NBC, Telemundo, USA, Syfy, CNBC and MSNBC.
Pricing for Hulu’s plan will reportedly start at $39.99, with a supposed launch set for the end of May. SlingTV offers a plan that starts at $20 while the more comparable YouTube TV costs $35. There are also other options from DirecTV Now and PlayStation Vue in the crowded streaming TV services space.
“Hulu will soon provide an affordable, complete live TV package that includes all four major broadcast networks, the top-rated cable news channels, a massive sports offering, and our deep existing premium streaming library for under $40,” stated Hulu CEO Mike Hopkins of the announcement.
Hulu now includes CBS, The Walt Disney Company (ABC, Disney Channel, ESPN), 21st Century Fox, Turner Networks and A+E Networks. It’s a rich channel line-up that makes cutting the chord that much more tempting.
Even though NBC Universal owns Hulu, it still had to negotiate
Hulu was originally a venture by the big-time network conglomerates, including NBCUniversal. But it still had to undergo negotiations just like any other company due to a clause that was put into place when Comcast bought NBCUniversal back in 2011. It’s quite an odd note but business is business.