YouTube will launch a cable tv Subscription Management service later this year for $ 35 a month in order to attract hordes of people who have cut the cable cord.
The service, which will be called YouTube TV and operated by Alphabet Inc. GOOGL, -0.35% GOOG, -0.39%, will include 40 channels covering the four major networks – ABC, CBS, NBC and Fox – such as Disney, E !, Bravo, FX, USA and ESPN. This will also include regional sports networks, such as Fox Sports, to broadcast the local NBA and MLB games.
This award will include up to six accounts, each of which can be customised, as well as a non-cloud-based storage-based DVR that allows users to record the video for nine months before viewing later and faster transfer capabilities On Pre-recorded programs to drag past advertisements.
A component of the service will be live programmings, such as prize-giving shows and sports. At the event that created the new service, YouTube TV showed a preview with ESPN. NFL games will be available via television and the desktop, but not mobile said YouTube.
YouTube TV comes as more customers continue to cut cable, opting instead for services such as AMZN from Amazon.com, 0.3% Prime Video, NetLiff Inc., -0.44% and Hulu for Returns and original content, and services such as DISH De Dish Networks, -0.95% Sling TV, which offers the broadcast of traditional cable TV channels.
On Monday, YouTube announced that more than a billion hours of video are consumed on its platform every day, which allows it to exceed traditional television. According to Nielsen, about 1.25 billion hours of live and live TV are consumed in the United States.
YouTube said the television service will first launch into major US markets, then “expand quickly” to cover more cities. There are currently no international development projects.
Shares of the alphabet decreased by 0.6% to $ 844.93 in the after-sales business. The shares of Netflix, Amazon, Dish and AT & T T, -0.02%, which directs DirecTV, were also slightly lower.