The Wall Street Journal reported Friday that YouTube’s Alphabet Inc is planning to launch an online store for video streaming services.
The Google s Youtube It renewed conversations with entertainment companies about participating in the platform, which it refers to internally as a “channel store,” according to the report, citing people close to the recent discussions.
The report added that the YouTube platform has been in operation for at least 18 months and could be available this fall.
As more consumers cut the cord on cable or satellite TV and switch to subscription streaming services, the planned launch will see YouTube join forces with Roku Inc and Apple in a bid to seize a portion of the already saturated streaming market.
YouTube TV already has this ability to HBOAnd the AMC +And the show time And many other things.
The report notes that “YouTube is discussing splitting subscription revenue with streaming partners, although terms can vary significantly for each partner.”
The argument is that the new YouTube Channel Store will provide excellent marketing for streaming services because “consumers can watch show or movie trailers for free on YouTube and then easily pay to subscribe to the service.”
Google TV and YouTube TV already exist and are relatively successful
As more consumers cut the cord on cable or satellite TV and switch to subscription-based streaming services, the planned launch will see YouTube join companies like Roku Inc. (ROKU.O) and manzana (AAPL.O) in an attempt to seize a portion of the already crowded broadcast market, Reuters reported.
The YouTube
YouTube TV offers more than 85 channels, ranging from traditional broadcast networks such as ABC s CBS Even children’s shows (DisneyAnd the Nickelodeonetc.) and sports options (including four channels of ESPN). There’s a mix of live and on-demand programming from every network: the service even offers movie suggestions based on your interests and shares upcoming broadcast times so you can record movies to watch later.
When you subscribe to YouTube TV, the service prompts you to select a few of your favorite shows, which will be added to your library and set to record future episodes. A feature worth appreciating as it instantly makes you feel like you’re getting a personalized experience.
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