Stand back, HBO: CBS is launching its own online streaming service, too

Is this the beginning of an avalanche of long-awaited streaming services? We hope so.

CBS is launching its own online streaming service, called “CBS All Access.” The news comes a day after HBO announced that it will be offering a new online-only, cable-subscription-free streaming service in 2015.

The CBS subscription will reportedly cost $5.99 a month and will give users access to CBS’ stock of television shows past and present, according to Variety. Meaning, viewers no longer need to feel hamstrung by a cable subscription.

This is another win for cord cutters and helps build a picture of where content viewing is going. Rather than being tied to a cable subscription that shows a limited amount of content, users will be able to cobble together their own streaming packages from the giant libraries of Netflix, Amazon, Hulu, CBS, and HBO. And this will happen as soon as next year.

The new question is: Who’ll be offering a new streaming service next?