Google is reportedly planning to launch an online channel store for YouTube, which is going to allow users to subscribe to other video streaming services.
According to the Wall Street Journal, YouTube is planning to launch an online store for streaming video services and has renewed talks with entertainment companies about participating in the platform.
The platform has reportedly been in the works for the last 18 months and could be available as early as this fall. However, the company is yet to make an official announcement regarding the online store.
The moves comes as more consumers are pulling the plug on cable or satellite TV and shifting to subscription-based streaming services.
The launch of the online store will allow YouTube to compete with companies like Roku and Apple in a bid to gain a portion of the already crowded streaming market.
More details will be revealed about the launch in the coming months.
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