Lots of companies have been eyeing the streaming market, but licensing content has become too costly and ineffective when trying to swoon new viewers to a particular service. A majority of players have shifted away from traditional content and have bolstered their brand with their own original content. Although YouTube is a monster when it comes to streaming, it hasn't really made many moves to offer paid content to its viewers. The streaming service will now begin to offer live and on-demand streaming TV service.
The service will be called 'YouTube TV' and will give users access to up to 40 networks and Red content. Some of the stations involved will include FX, Fox Sports, ESPN, and the USA Network. Perhaps what makes this service so alluring is that users will also be able to record an unlimited amount of shows to a cloud "DVR" service and will be able to stream to their PC, mobile devices, and TV via Chromecast.
The service will arrive in the next few months and will only be available initially to those in the US. The service will cost $35 a month and will allow up to six accounts of access.