Hulu is planning on releasing a cable-tv like streaming service that will cost $40 per month that will have access to live channels, reports the Wall Street Journal. The report also states that the Hulu cable service is expected to be launch in early 2017. So far, there are no further details about the streaming service.

Like Sling from Dish Network and Sony’s Playstation Vue , Hulu will offer a wide variety of TV shows with a “cloud-based digital video recorder” possibly. This new streaming service will allow people to gain access to the same contents as cable subscribers without having to worry about the price subscription. Also, co-owners of Hulu; 21st Century Fox  and Walt Disney Co. agreed to provide their contents to the upcoming service. Channels like Disney,  ESPN, ABC, and Fox, are going to be huge selling points for a package deal like this, CBS and NBC Universal might probably follow shortly after since it is owned by Comcast,and  Comcast hasn’t not agreed on the licensing.

No long ago, the company offered its content via VR app, supporting Samsung’s Gear VR headset, allowing Hulu subscribers too experience available video content in 360 degree. The VR app also features he short film ‘The Big One.’ Hulu VR app currently works with the following Android smartphones: Galaxy S7/S7 edge, Galaxy S6 edge+, Galaxy S6, Galaxy S6 edge, Galaxy Note5.

This move shows how cable companies are having a hard time meeting consumers need when it comes to the price now that there more people watching contents online than in previous years.


(Source: The Wall Street Journal)

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