Spotify on Wednesday announced a new bundle deal called "Spotify Premium, now with Hulu" that combines the two subscriptions for $12.99 per month.

The deal bundles the $9.99 Spotify Premium subscription and the standard $7.99 Hulu with Limited Commercials tier, for a $5 saving. The first month will only cost $10.99, too.

The offer is available to current Spotify Premium customers, and you can either be new to Hulu or an existing subscriber as long as you switch the billing to Spotify.

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The offer starts Wednesday, April 11, and is set to expire on May 10. The two companies say the deal is expected to extend to non-Spotify Premium users in the future. Sign up for the Spotify-Hulu deal here.

Spotify is the world's largest music streaming service with 157 million active users, while Hulu offers 75,000 ad-supported shows and movies from broadcasters including 21st Century Fox, Disney, NBC Universal and CBS (which owns CNET).

Spotify

Spotify has made you a handy chart, too.