Has anyone heard if Google will create an All Access subscription service of Google Play Movies & TV?

In an effort to reduce expenses, my roommate and I chose not to get cable TV in our apartment and have been using Hulu Plus and Netflix the last couple months. Netflix has been good for movies and older seasons of TV shows, but I'm a little disappointed with Hulu Plus and the limited number of shows available for streaming on mobile devices, etc.

Again are there any rumors from Google or any other services to try? Don't get me wrong Hulu isn't bad, it just seems that for the shows I watch, their is limited avenues of access to them via Hulu Plus.