According to YouTube, the new service will cost $35.00 a month, and initially will only launch in a small number of markets.
"We're bringing the best of the YouTube experience to live TV", reads a YouTubeblog post.
"Millennials don't want to watch content in the traditional setting", Wojcicki said. That subscription price will get you six individual user accounts, each with their own profiles and suggested content. In addition, the internet TV service will also provide access to YouTube Red original series and movies, along with the option to add Showtime or Fox Soccer Plus to the channel lineup for an extra fee.
YouTube has just announced they are launching a new feature for their users which will allow them to watch cable networks on YouTube's website.
Those include Dish Network's Sling TV, Sony's PlayStation Vue and AT&T's DirecTV Now. Unfortunately, YouTube TV won't include Comedy Central or MTV, nor will it offer programming from Turner Broadcasting, which includes CNN, TBS, and TNT.
It will also be able to stream through Google's Chromecast.
YouTube CEO Susan Wojcicki told Bloomberg that YouTube TV is created to be "great for sports lovers", and that it will include pro and college football, basketball, baseball, and other sports. Are you signing up for YouTube TV? Your cloud DVR can record as many shows as you want, simultaneously, without using precious data or space on your phone and we'll store each of your recordings for nine months. YouTube product chief Neal Mohan says the company has been working on YouTube TV for two years; he promises that you'll see the results when you actually get to play with it.
Streaming will be offered both live and on demand, with no DVR restrictions.