Hulu will stream live TV in 2017

Cord cutters rejoice: live TV streaming is coming to Hulu in 2017.

Hulu CEO Mike Hopkins announced that Hulu will expand to live TV broadcasts at the company's event in New York, confirming past reports. Hopkins didn't reveal any pricing information or channels, but the Wall Street Journal claims it could cost around $40 per month and possibly include--but not limited to--Bravo, E!, MSNBC, CNBC, Oxygen, Syfy, USA, ABC, ESPN, Disney, Fox, Fox News, FX and Fox Sports.

"This means our viewers will be able to enjoy live sports, news and events all in real-time without a traditional cable or satellite subscription," Hopkins said at the event. "We're going to fuse the best of linear television and on-demand in a deeply personalized experience optimized for the contemporary, always-connected television fan."

Hulu's new live TV subscription service will also include access to an on-demand selection, but we're not sure if the selection will be restricted or limited. As the networks have yet to finalize contracts, Tompkins didn't give an official timeline or launch date for the new service but we should expect it sometime in 2017.