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YouTube is reportedly making a cable bundle. Cable-cutters, rejoice.

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YouTube may want to get into the cable business.

The video giant is reportedly working on a cable bundle that would get subscribers multiple channels for $30 or $40 a month, according to the New York Post.

Last year, Bloomberg reported that YouTube was planning to launch a cable bundle called Unplugged that could arrive in 2017. YouTube executives had reportedly talked to NBC, Viacom, Fox and CBS, but hadn't secured any rights at that time.

YouTube is hosting a media event Tuesday in Manhattan. Google has not said what the event entails, but the Post reports it will unveil its cable bundle at that event. 

If the bundle is announced, it would compete with other digital cable options like Sling TV, Sony's PlayStation Vue, and AT&T's DirecTV Now. Hulu is reportedly also working on a bundle. 

This comes after Google announced Monday that people were watching more than 1 billion hours of video on YouTube per day. 

Prominent YouTuber John Green even hinted YouTube had bundled cable in its sights.

This could be big news for cable-cutters.

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