Hulu has struck a deal with CBS for its upcoming streaming service, reports The Wall Street Journal. The agreement includes live streaming and on-demand content from CBS Corp.'s various channels at a rumored rate of ~$3/month per subscriber.
Hulu Chief Executive Mike Hopkins announced the agreement at an investor conference in Las Vegas on Wednesday, saying the live-streaming service will cost "under" $40 and include Hulu's current video-on-demand library that starts at $8/month.