This mini set-top box simply comes into the set with users, then connects it to their broadband for instant access to endless hours of content without the need to drill a dish into the walls.

It’s a very similar concept to Sky Glass although Stream is much cheaper as you use your existing TV to watch content rather than taking delivery of Sky-branded screens. This new way of watching premium content is sure to help those who can’t or just don’t want a satellite dish.

It’s also pretty cheap with prices starting at £26. This low-cost plan is available to anyone happy to sign an 18-month contract and includes Sky Ultimate TV and a Netflix Basic plan. For those who want more flexibility, there’s also an option to pay £29 per month. It’s clearly more expensive, but it means you can leave at any time rather than being locked into a long contract.

READ MORE: Sky Glass review: It’s the future of TV… but it’s not ready for prime time yet

As well as the standard Sky channels, those who want to switch to watching can then start upgrading their plans to include packages such as Sky Sports, BT Sports or Sky Cinema.

There’s also the option to add more Stream boxes to other rooms in the house with Sky offering a multiroom experience through its Whole Home pack – it costs an extra £12 per month.

Sky confirmed there is a £39.95 installation charge (or £20 if you take an 18 month contract) but there is no engineer installation required, and delivery next day is standard, so customers joining should be up and running within hours of placing their order.

Other added goodies include a backlit remote that makes it easier to see the buttons at night and full voice commands.

This all sounds pretty appealing, but it’s worth noting that there’s no hard drive inside Sky Stream, which means it can’t physically record any content. Instead, favorites are added to a special ‘Playlists’ section which then uses on-demand players such as the BBC and ITV to show content you may have missed.

If you want to record shows, you’ll still need to opt for Sky Q and dish on your walls.

Speaking about the launch, Stephen van Rooyen, Executive Vice President and CEO, UK and Europe, Sky said: “Sky has always reinvented the TV experience and delivered the best content, but it hasn’t always been accessible to all. There couldn’t be a better time to launch our latest innovation using the Sky Glass platform – whether you want to stream House of the Dragon, Gangs of London or Stranger Things, Sky Stream has it all. It’s the most affordable and easiest way to bring Sky TV and Netflix together, giving consumers the value they’re looking for right now.

Sky Stream will launch on October 18.