CBS has announced a new streaming device called CBS All Access that will include current and previous programming.
Starting Thursday, viewers will be able to subscribe to CBS All Access for $5.99 per month and stream shows at the same time they air live on television.
"CBS All Access is another key step in the company's long-standing strategy of monetizing our local and national content in the ways that viewers want it," CBS President and CEO Leslie Moonves said in a statement. "This new subscription service will deliver the most of CBS to our biggest fans while being additive to the overall ecosystem. Across the board, we continue to capitalize on technological advances that help consumers engage with our world-class programming, and we look forward to serving our viewers in this new and exciting way."
CBS is the largest network among its peers in broadcast.
CBS's Big Bang Theory was TV's most watched show last season, and more than 18 million people tuned into the Season 8 premiere last month.
Special programming, like the Grammy Awards, the Academy of Country Music Awards, and the Victoria's Secret Fashion Show, will also be available.
According to the report by The New York Times, the ads on CBS All Access will be the same as those that air on television.
But the typical 12 to 16 minutes of ads that air per hour on television will instead be more like 9 to 12 on the streaming service, The New York Times reported.
However, CBS Classics, which include Star Trek, Cheers, and Twin Peaks, will stream without ads.
Initially, the service will only be available in 14 major markets - New York City, Los Angeles, Chicago, Philadelphia, Dallas, San Francisco, Boston, Detroit, Minneapolis, Miami, Denver, Sacramento, Pittsburgh, and Baltimore - but the network said it plans to expand.