Santa Monica’s Hulu and NBC Universal have reached a new distribution agreement that will bring NBC and Telemundo-owned stations, as well as NBCUniversal, to Hulu’s new livestreaming service, the companies announced today.

The distribution agreement, expected to launch in the spring, is for live and on-demand streaming access to NBC, Telemundo, USA Network, Syfy, Bravo, E!, MSNBC, CNBC, and NBCSN, among others, bringing the total number of channels in Hulu’s live TV service to more than 50, according to Hulu.

“NBC Universal is home to many of today’s leading sports, news, entertainment, and lifestyle networks – brands that not only draw large audiences but also drive pop culture,” said Hulu Chief Executive Mike Hopkins in statement Monday. “With this agreement in place, Hulu will soon provide an affordable, complete live TV package that includes all four major networks, the top-rated cable news channels, a massive sports offering, and our deep existing premium streaming library for under $40.”

Matt Bond, chairman of NBCUniversal content distribution, said in a statement that growing NBC audiences was “an important priority,” noting the Hulu deal is expected to bring the network to new customers.

Contact media and entertainment reporter Diane Haithman at [email protected]. Follow her on Twitter @dhaithman for the latest in L.A. business news.