Google-owned YouTube is working on launching an online store like Apple TV and Amazon Prime Video to allow users to subscribe to other streaming services and the new platform could be available as early as this fall. .
According to a Wall Street Journal report, the YouTube Channel Store will allow consumers to choose streaming services through the main YouTube app.
The company is already in talks with entertainment companies to participate in the YouTube marketplace.
The YouTube online store “has been in the works for at least 18 months.”
YouTube TV already has this capability for HBO, AMC+, Showtime and more.
“YouTube is discussing subscription revenue sharing with streaming partners, although the terms may vary significantly for each partner,” the report said.
The argument is that the new YouTube channel store would offer great marketing for streaming services, as “consumers could watch show or movie trailers for free on YouTube and then easily pay to subscribe to the service. “.
YouTube in 2020 for the first time discussed launching an online streaming video store.
Walmart also plans to add streaming services as a new benefit to its membership program.
Netflix and other streaming services will be part of Verizon’s new Plus Play subscription manager.