YouTube, owned by Alphabet Inc., intends to open an online marketplace for streaming video services.According to the story, which cited sources familiar with the recent discussions, the business has resumed discussions with entertainment organisations about their potential participation in the platform, which it is referring to internally as a “channel store.”
According to the article, the platform has been in development for at least 18 months and might launch as early as this fall.An inquiry for comment was not immediately answered by Alphabet.
The anticipated launch would enable YouTube to compete with businesses like Roku Inc. as more consumers switch from cable or satellite TV to subscription-based streaming services.
