At an event in Los Angeles, YouTube surprisingly introduced its streaming TV service. The service combines live video broadcasts and cable TV with a wide selection of online videos from YouTube. This is an attempt to attract consumers who would never have gone back to traditional cable TV.

The new YouTube TV station service will cost $35 per month, for this price you will have access to four major networks (in the US) – ABC, CBS, FOX and NBC – and about 30 of the largest cable channels.

Over the past few years we have seen a significant change in the advertising industry, where billions of dollars on television ads are redirected to online video. YouTube is one of the biggest winners in this transition. Over 40% of the millennium generation just rely on your Internet connection for entertainment.

Watching TV over the Internet grew by 65% last year in the US, according to a survey by Pivotal Research. Between 30% and 40% of total views come from Internet-connected TVs.

If the new YouTube service manage to succeed, then Google can raise prices for ads, and win a lot more money. So far there is no evidence that TV service will be available outside the United States and when can possibly happen.

https://i0.wp.com/gizbrain.com/wp-content/uploads/2017/03/YouTube-TV.jpg?fit=727%2C422https://i0.wp.com/gizbrain.com/wp-content/uploads/2017/03/YouTube-TV.jpg?fit=190%2C150Michael K.GOOGLETECH NEWSentertainment,Google,streaming service,TV,video streaming,YouTube,YouTube TVAt an event in Los Angeles, YouTube surprisingly introduced its streaming TV service. The service combines live video broadcasts and cable TV with a wide selection of online videos from YouTube. This is an attempt to attract consumers who would never have gone back to traditional cable TV. The new...