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Hulu and Spotify are teaming up to give users a package deal. Hulu and Spotify are joining forces to help you save money as you stream.

For just $12.99, you get a Spotify Premium subscription and also full access to Hulu and all its movies, TV shows, original shows, etc.

Spotify and Hulu have partnered to create a bundle that offers both of their services for a discounted price. While the Spotify subscription is ad-free, for Hulu, you are only subscribed to the Hulu Limited Commercials tier.

Each month you'll save $4.99 if you already pay for both services separately. "Based on the outstanding performance of the Spotify and Hulu student package, it's clear that consumers love to combine their music and television experiences together", Hulu's Senior Vice President Tim Connolly said in a statement.

"Our student launch with Hulu was incredibly well received and we are excited to extend our reach by bringing Hulu to more of our Premium members in the United States", said Alex Norstrom, Chief Premium Business Officer at Spotify.

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Are you guys interested in a Spotify/Hulu bundle?

The company is likely to reach over 200 million users this year although the majority pay nothing by taking advantage of the Swedish streaming services free package which offers limited access to its catalogue.

The roll-out is gradual, with Spotify Premium subscribers getting first dibs and can start signing up today. The free service generates customers that the company can steer into its paid offerings.

Users of Spotify's ad-supported free service are unable to listen to every song in the library on-demand, as paid users can, but they can listen to most major playlists and songs on shuffle.

Spotify was hit late a year ago with a lawsuit seeking damages of up to $1.6 billion by Wixen Publishing, a California-based company that represents artists including Tom Petty, Neil Young, Rage Against the Machine and Missy Elliott.