NBCUniversal Planning Online Comedy Subscription Service

'The Tonight Show'

The service, which will be ready later this year, will feature episodes of NBC shows including 'The Tonight Show' and 'Saturday Night Live.'

NBCUniversal is planning to launch a subscription video service focused on comedy later this year, The Hollywood Reporter has confirmed. 

The over-the-top service, which is still in the early stages of development, will feature episodes of NBC shows including The Tonight Show and Saturday Night Live, according to the Wall Street Journal, which first reported on the service. The company is also said to be planning to invest in original programming and exclusive content for the service.  

Executive vp digital enterprises  Evan Shapiro, who joined NBCU from Pivot in December last year, is heading up the project. 

The move comes as broadcast and cable companies are beginning to explore offering more content through over-the-top channels. CBS launched subscription video service CBS All Access last fall and HBO is planning a standalone video streaming service. 

NBCU, meanwhile, has been making a push into the space with the launch of fitness-focused subscription video service Radius, which offers on-demand workout videos for $9.99 a month. 

NBC also already offers content online via Hulu, which the broadcast company owns alongside 21st Century Fox and Disney. Meanwhile, archived Saturday Night Live clips are available on Yahoo under a deal that the Web portal struck with SNL producer Broadway Video in 2013.