Hulu's Live-Streaming Service to Carry CBS

Live streams of CBS and sister channels CBS Sports and POP will become part of Hulu's lineup for a multichannel live-streaming service it plans to launch in the coming months, the company said in a news release Wednesday. Hulu said much of the networks' programming will also be available on demand through its deal with CBS. Hulu said other broadcast options on its live TV service will be ABC and Fox. CBS is likely in talks with other streaming services like Sling and DirecTV Now about similar deals, Wells Fargo analyst Marci Ryvicker wrote investors Wednesday, saying the Hulu deal probably won't cannibalize CBS' All Access streaming service since it retains in-season stacking rights and offers originals such as Star Trek.