Google-owned YouTube is engaged on to launch a web-based retailer like Apple TV and Amazon Prime Video to let customers subscribe to different streaming companies and the brand new platform could possibly be accessible as early as this fall.

According to a report in Wall Street Journal, the YouTube ‘Channel Store’ will enable customers to decide on streaming companies by the principle YouTube app.

The firm is already in talks with leisure firms about collaborating within the YouTube market.

The YouTube on-line retailer “has been within the works for no less than 18 months”.

YouTube TV already has this functionality for HBO, AMC+, Showtime, and lots of others.

“YouTube is discussing splitting subscription income with streaming companions, though the phrases might differ broadly for every associate,” the report talked about.

The pitch is that the brand new YouTube channel retailer would provide nice advertising and marketing for streaming companies as a result of “customers may watch trailers of reveals or motion pictures free on YouTube after which simply pay to subscribe to the service”.

YouTube in 2020 for the primary time mentioned launching a web-based streaming video retailer.

Walmart can also be planning so as to add streaming companies as a brand new perk to its membership programme.

Netflix and different streaming companies can be a part of Verizon’s new Plus Play subscription supervisor.

(Except for the headline, the remainder of this IANS article is un-edited)

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