Hulu reveals plan to launch live TV streaming service

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YouTube might be working to beat Apple to a TV subscription service, but it isn’t the only one. Hulu CEO Mike Hopkins today confirmed that the company is working on a live streaming product of its own that will offer broadcast and cable channels.

Scheduled for launch in 2017, Hulu’s new service will offer not only programs, but also live news, sports, and events. Fox, ABC, ESPN, FX, and the Disney Channel are all involved in its negotiations, Hopkins confirmed, but nothing’s confirmed just yet.

“For now, Hulu has only confirmed the broad strokes of its live TV service, saying what type of content will be available and that it intends to offer a “deeply personalized experience,” reports The Verge.

What we do know is that its service will be available to all — even those who don’t pay for cable already — but there’s no word on how much it will cost. Hulu has promised to tell us more later this year.

YouTube’s service, thought to be dubbed “Unplugged,” will also make its debut in 2017, according to Bloomberg. Like Apple and Hulu, the company is said to be in talks with major studios, but it has no concrete deals in place just yet.

Source: The Verge