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CBS signs deal to be on Hulu's live-streaming platform

Jan 4 (Reuters) - CBS Corp has signed a deal to have its broadcast network and some cable programming on Hulu's live streaming service, which is expected to go live this year, the companies said Wednesday.

Under the deal, the New York-based broadcaster's sports programming, including its NFL games and the NCAA Division 1 Basketball Championship, as well as CBS Sports Network and POP, an entertainment channel, will be on Hulu. Hulu subscribers will also be able to subscribe to CBS Corp's Showtime for an additional price.

CBS, whose shows include news magazine "60 Minutes" and the comedy "The Big Bang Theory," will bring in more than $3 per monthly subscriber for its channels, with increases that could eventually get to more than $4, according to a source familiar with the situation.