YouTube plans to launch Internet television service

According to Bloomberg report,  YouTube plans to initiate a service that streams cable television channels to viewers over the Internet for the price of a subscription. YouTube has made a precedence of creating the service, called Unplugged, which could unveile as early as next year, according to the report, which cited unnamed people close to the project. YouTube executives have talked about the plan with major media companies such as Viacom, NBCUniversal, and Twenty-First Century Fox but had yet to obtain rights to any content, according to unidentified sources cited by Bloomberg yesterday. 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.  

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