While the internet has already put a pretty big dent into cable TV, Youtube is looking to add a knockout blow. They will be launching a service called “Youtube TV” which is a $35 a month streaming service. The service will carry around 40 channels including major broadcasts. In addition 6 users can watch on their own devices simultaneously and it will also have unlimited Cloud DVR.
While 40 channels seems like a small amount, remember that this is only the beginning and could very well be our future. Right now just to watch some premium channels on cable they have to be part of a package that involves up to 5 other premium channels. So if watch Comedy Central once a week for South Park you have to pay $10 a month and buy Bravo, HGTV, and the Oprah Network.
It seems inevitable that you’ll eventually be able to pick your channels, and perhapsthey’ll even bundle YouTube TV with the Internet. At that point your entire life will be controlled by Google, which was going to happen at some point anyway.
If I were a big cable company I’d be slightly nervous right now.
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