Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

YouTube TV expands to 14 new markets, partners with Sinclair stations

Published 08/17/2017, 04:21 PM
Updated 08/17/2017, 04:30 PM
© Reuters. A man walks past a YouTube logo at the YouTube Space LA in Playa Del Rey, Los Angeles

By Sheila Dang

(Reuters) - Alphabet Inc's (O:GOOGL) Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.

YouTube is broadening access to live TV streaming as younger viewers increasingly watch shows online and traditional broadcast networks grapple with aging demographics among viewers.

Television station operator Sinclair Broadcast Group Inc (O:SBGI) said in a statement on Thursday it had an agreement with YouTube TV to air its ABC, CBS, FOX and NBC affiliates in nine of the 14 new markets. Sinclair also has stations in 11 of the 17 markets YouTube TV will enter in the coming weeks.

The new markets include Boston, Cincinnati and San Antonio, while Austin and Indianapolis are among those that will launch in a few weeks, YouTube said in a statement.

YouTube said it now leads its live TV streaming competitors in carrying the most local broadcast stations in the markets where YouTube TV is available.

Sling TV, the streaming service owned by Dish Network Corp (O:DISH), only offers local channels on its Sling Blue subscription, which is a tier above its basic subscription level.

YouTube declined to comment on the number of subscribers to its streaming service.

YouTube TV is also adding Newsy, a short-form video news site, and the Tennis Channel to its lineup at no additional cost to subscribers.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.