YouTube Live – One More Nail in the Cable Coffin?

By on

Thanks to archived TV shows available on the web, you can already watch almost any popular TV show or movie on sites like Hulu, iTunes and Netflix.

Today YouTube is attempting to hammer yet another nail in the $100-per-month cable-TV coffin by introducing the one thing these sites lack: the ability to watch live TV.

At 11:00 AM EST, YouTubeLive will debut live TV, beginning with Rocketboom Live. Howcast, Young Hollywood and other shows follow.

From the YouTube announcement:

Today and tomorrow, tune in as we open a new chapter of YouTube live streaming. Starting at 8:00 a.m. PT, we will begin a limited trial of a new live streaming platform in conjunction with four of our partners: Howcast, Next New Networks, Rocketboom and Young Hollywood.

The ability to watch live news, sports or other programming online – if it proves successful – will help add momentum to the cut-the-cable movement. It’s a movement that’s already big: One of the most popular stories we’ve ever done is You Don’t Have to Pay for Cable TV. And why shouldn’t people be interested in learning how to eliminate one of the most onerous bills they face? The cable TV model requires paying for hundreds of channels that you may never watch. Watching only what you want to see – especially if it’s free – only makes sense.

If live streaming works, cable could be in further trouble – and farther down the road, so could traditional network and other live news programming. Is the day coming when Money Talks and other internet news providers can bypass pitching shows to network bigwigs and simply put them on the air with YouTube?

Here’s hoping the YouTube Live experiment is a success.

Sign up for our free newsletter

Like this article? Sign up for our newsletter and we'll send you a regular digest of our newest stories, full of money saving tips and advice, free! We'll also email you a PDF of Stacy Johnson's "205 Ways to Save Money" as soon as you've subscribed. It's full of great tips that'll help you save a ton of extra cash. It doesn't cost a dime, so why wait? Click here to sign up now.

Check out our hottest deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,321 more deals!

Comments & discussion

We welcome your opinions, but let’s keep it civil. Like many businesses, we reserve the right to refuse service to anyone. In our case, that means those who communicate by name-calling, racism, using words designed to hurt others or generally acting like an uninformed bully. Also, comments that include links to email addresses or commercial websites typically aren't posted. This isn't a place to advertise your business.