YouTube is launching their very own live TV network.

In the next few months, YouTube will offer virtual cable service. The service will compete with other satellite and online pay-TV providers like Dish, DirecTV Now, and others. YouTube TV will cost consumers $35 a month, which comes with a single subscription that unlocks six accounts in each home. The service will include all major networks (ABC, CBS, FOX, NBC), ESPN and other sports channels, cable networks like History and FX, news channels, kids programming and more.

Subscription holders will have unlimited cloud DVR for recording and watching shows when it’s convenient.

YouTube CEO Susan Wojcicki stated, at a recent Los Angeles event,that millenials are dictating how TV is consumed. “The younger generation wants to consume TV in the way that they’re used to consuming video online,” says Wojcicki.

 

YouTube TV will only launch in the U.S. first and only be available in large metro areas. International subscriptions will be offered at a later date.

Source: CBSNews

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