If you're tired of shelling out money on a Spotify membership every month and a Hulu membership so your kids have something to listen to and watch this is definitely good news. Spotify and Hulu have teamed up to create a bundle that will provide you with Spotify's Premium service plan and Hulu's ad-supported plan for the low price of just $9.99 per month.

Basically, if you're already a subscriber to Spotify's Premium service plan you can now simply add on Hulu for free, which is a huge bonus for parents and kids alike. Spotify subscribers now will not only get access to millions of songs but will also be able to stream television shows, movies and Hulu originals on the streaming service. The bundle is available not only to new Spotify subscribers but to existing customers as well, in addition to those who subscribe to Hulu's ad-supported plan, which currently costs $5.99 per month.

“Today is the first time that we’re offering a Hulu plan to the masses as part of the $9.99 Spotify Premium subscription,” Marc Hazan, global head of premium business development said in a statement about the bundle. “As we push towards making Spotify Premium a gateway to a bigger world of entertainment, we’re fully committed to finding new ways to enhance the overall experience for our Premium users, and this is just the beginning.”

If you or anyone in your family already subscribe to Spotify Premium you simply need to visit the services page to add on Hulu free of charge. If you've just decided that this deal is simply too good to pass up and a $10 monthly subscription that will give your family access to music, movies, television shows, and original programming is something you definitely need in your life immediately, visit Spotify's website to sign up. Not only is the bundle an amazing deal for your family, but you'll get the first month free, too.

If you already signed up for last year's Spotify/Hulu $12.99 bundle, that rate will automatically be lowered to the current $9.99 offer. The news of the merger comes just one day after Apple announced their upcoming media event to be held on March 25. Many are speculating the tech giant will announce details surrounding their own Apple streaming service that is in the works. If they choose to bundle that with Apple Music it could definitely rival the Spotify/Hulu partnership.

These bundles are great deals for families who have multiple subscriptions to different streaming services to cater to the tastes of every family member. According to Spotify's official blog, this isn't an open-ended offer though, so if you're interested, you may want to act fast. The offer is only available until June 10, and the site says there are only limited quantities available, so if you're interested, you definitely don't want to wait too long.