Access to live TV, video-on-demand, and cloud-based DVR from various TV networks can be found on YouTube TV. The company wants to add a business model for streaming services.
According to The Wall Street Journal, YouTube is working on an online marketplace that will provide a one-stop shop for users to subscribe to their favorite streaming services. The platform will reportedly launch this fall.
According to reports, the video sharing platform has been working on the project for more than a year. According to the report, YouTube is talking with entertainment companies about participating in the platform.
The article will be updated when we receive a response from the video sharing website.
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This service is only available in the US and is not accessible through other platforms. The online store will be baked into the app in order to expand the reach of the service.
The service will try to get streaming platforms to partner with it. Video trailers will be made available to watch for free on YouTube in order to boost the marketing and visibility of the content. It will be possible for users to subscribe to a streaming service without leaving the app.
The revenue from subscriptions made through the platform will be shared by the partners. The terms are expected to be different for each platform, but it is not yet clear how earnings will be split with streaming services.
Consumers will only be able to manage multiple streaming subscriptions at a single place. Will the online store's content be worth the subscription fee? Pricing will be a factor that will be taken into account.