YouTube plans to launch a service that streams cable television channels to viewers over the Internet for the price of a subscription. Bloomberg reported that the popular video platform has prioritised the creation of the service, called Unplugged, which could debut as early as next year.
YouTube executives have discussed the plan with major media companies such as Viacom, NBCUniversal, and Twenty-First Century Fox but was yet to obtain rights to any content, according to unidentified sources cited by Bloomberg on 4 May.
YouTube is a unit of Alphabet-owned Google, where it has been billed as a star performer when it comes to attracting viewers and revenue.
Last year, YouTube introduced Red, were ad-free videos can be viewed for monthly subscriptions of US$10 in the United States.
When contacted, YouTube declined to comment on the Unplugged report.