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YouTube is reportedly working on a standalone TV streaming service that’s slated to be launched next year. According to a new report, the company has been able to sign up a major content partner. CBS has reportedly signed up for YouTube’s new TV streaming service, it will provide over-the-top streaming on the new service next year.

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YouTube’s online TV streaming service is going to be quite similar to existing services like Sling TV and PlayStation Vue. It will provide access to a library of streaming channels for a flat free. The service is reportedly going to be launched under the YouTube brand, which makes sense, since it’s already widely known as the most popular online video platform in the world.

Variety reports that aside from signing CBS, the company is also close to reaching a similar deal with Fox, this deal would bring associated cable channels like FX, National Geographic, and Fox Sports as well. Deals with Disney and ABC are also reportedly going to be signed soon.

It’s unclear whether NBC will be willing to join the service. Reports suggest that YouTube’s TV streaming service might actually launch without NBC and a deal to distribute its content might only be reached later.

The company hasn’t confirmed anything about this service as yet but reports suggest that it’s going to be launched early next year. No word as yet on pricing.

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