YouTube unveils TV service

YouTube TV will offer live streaming from ABC, CBS, FOX, NBC, ESPN, regional sports networks and a number of popular cable networks. It will also have a cloud digital video recorder (DVR) and the ability to watch content from any screen.

'Consumers have made it clear that they want live TV without all the hassle,’ said the announcement on the YouTube blog. ‘They don’t want to worry about their DVR filling up. They don't want to miss a great game or their favourite show because they’re on the go. They tell us they want TV to be more like YouTube.

'Meet YouTube TV. It’s live TV designed for the YouTube generation—those who want to watch what they want, when they want, how they want, without commitments.'

According to the announcement, YouTube TV will cost $35 a month and will soon be available in the largest US markets, with expansion to more US cities to follow soon afterwards.