All Turner cable networks will be carried on Hulu’s upcoming ”live streaming service,” set to launch next year. The Turner networks include TNT, TBS, CNN, Cartoon Network/Adult Swim, truTV, Boomerang and Turner Classic Movies (TCM).
In current industry jargon, “live streaming” refers to a cable TV-like subscription package delivered via streaming. Competitors to the new Hulu service, which reportedly will cost around $35/month, include Sling TV and PlayStation Vue. The Turner channels represent the first carriage agreements Hulu has announced for the new venture.
Today’s announcement coincided with a deal in which Turner parent Time Warner bought 10% of Hulu. The rest of Hulu is jointly owned by Disney, 21st Century Fox, and Comcast – whose properties include the ABC, Fox and NBC broadcast networks, along with loads of cable channels – so you can easily speculate on what else might eventually be included in the live streaming service.
Notably however, HBO — Time Warner’s other major cable property besides Turner — was not included in the live streaming deal. HBO, of course, has its own stand-alone streaming service – HBO Now.
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