Suggestions




Youtube To Launch Video Streaming Services

August 18, 2022
by
Youtube To Launch Video Streaming Services
Youtube To Launch Video Streaming Services

 

Video sharing company, YouTube, has concluded plans to launch an online store for video streaming services.

Join our WhatsApp Channel

Reportedly, the Google-owned video company has renewed talks with entertainment companies about participating in the platform, which it is referring to internally as a “channel store.”

The platform has been in the works for at least 18 months and will soon be available, reports say.

The planned launch will allow YouTube to join companies like Roku Inc and Apple in a bid to gain a portion of the already crowded streaming market as more consumers are shifting from cable or satellite TV to subscription based streaming services.

Reportedly, if YouTube were to get a marketplace for streaming services, it would make it easier for subscribers to purchase multiple services through a single app. While YouTube TV already offers its subscribers a way to add services like HBO Max to their streaming package, the new channel store would allow consumers to subscribe to separate streaming services through the main YouTube app.

This translates that instead of spending tons of money on original content (remember YouTube Originals?), the tech company can provide access to other streaming services and still generate revenue. YouTube would act as a middleman between streamer and subscriber, taking a percentage of the subscription fee.

Plus, with around 2 billion viewers a month, a YouTube channel store would be an enticing partner for streaming services that want to reach more subscribers via the popular entertainment app.

YouTube is an American online video sharing and social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is currently owned by Google, and is the second most visited website, after Google Search.

 

+ posts

Queen Nwabueze

APC Denies Plot To Remove National Chairman Adamu
Previous Story

APC Denies Plot To Remove National Chairman Adamu

I Get Threats Over My Choice Of Presidential Candidate – Mr. Macaroni
Next Story

I Get Threats Over My Choice Of Presidential Candidate – Mr. Macaroni

Featured Stories

Latest from News

Gumi Praises Iran’s Supreme Leader’s Death as ‘Jihad’

Islamic cleric Sheikh Ahmad Gumi on Sunday lauded the reported death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, calling him “a lucky soul” who “died in jihad” against those he described as killers of innocent civilians. In a Facebook post, the Kaduna-based
Dangote Cement

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue to 4.31 trillion naira ($2.7 billion) for the year ending Dec. 31, 2025, driven by higher prices in key markets, the company said in a filing to the Nigerian Exchange Limited. The

Iran Leadership “Safe” After Strikes – Foreign Minister

Iran’s foreign minister, Abbas Araghchi, said the country’s top leadership remains intact following large-scale strikes by the United States and Israel. Speaking to US media, he said Supreme Leader Ali Khamenei was alive “as far as I know” and that all senior
Minister of Works Engr David Umahi

Umahi Denies Sexual Harassment, N200 Million Debt Claims

Minister of Works, David Umahi, on Saturday denied allegations of sexual harassment and financial misconduct, including claims that he owes a businesswoman, Tracynither Ohiri, 200 million naira for campaign materials supplied during his 2014 governorship bid. The accusations, which have gained traction

Tinubu Reappoints NSCDC Commandant-General Audi

President Bola Ahmed Tinubu has reappointed Dr Ahmed Abubakar Audi as Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC) for a second five-year term, effective February 27, 2026. The announcement came in a statement on Saturday from Bayo Onanuga, the
APC Denies Plot To Remove National Chairman Adamu
Previous Story

APC Denies Plot To Remove National Chairman Adamu

I Get Threats Over My Choice Of Presidential Candidate – Mr. Macaroni
Next Story

I Get Threats Over My Choice Of Presidential Candidate – Mr. Macaroni

Don't Miss

Construction Of Oloibiri Museum Begins As Promoters Hand Over Site To Julius Berger

Construction work at the Oloibiri Museum and Research Centre (OMPRC),
What To Watch On Netflix In July : ‘Titanic’, ‘The Lincoln Lawyer’, Others

5 New Movies Coming To Netflix In May 2023

Netflix subscribers may be disappointed to hear that May 2023