YouTube Live – One More Nail in the Cable Coffin?

What's Hot

23 Upgrades Under $50 to Make Your House Look AwesomeAround The House

Trump Worth $10 Billion Less Than If He’d Simply Invested in Index FundsBusiness

Do This or Your iPhone Bill May SkyrocketSave

11 Places in the World Where You Can Afford to Retire in StyleMore

19 Moves That Will Help You Retire Early and in StyleFamily

What You Need to Know for 2017 Obamacare EnrollmentFamily

8 Things Rich People Buy That Make Them Look DumbAround The House

50 Ways to Make a Fast $50 (or Lots More)Grow

32 of the Highest-Paid American SpeakersMake

The 35 Two-Year Colleges That Produce the Highest EarnersCollege

5 DIY Ways to Make Your Car Smell GreatCars

Amazon Prime No Longer Pledges Free 2-Day Shipping on All ItemsMore

More Caffeine Means Less Dementia for WomenFamily

7 Household Hacks That Save You CashAround The House

5 Reasons a Roth IRA Should Be Part of Your Retirement PlanGrow

30 Awesome Things to Do in RetirementCollege

Beware These 10 Retail Sales Tricks That Get You to Spend MoreMore

Today begins the next chapter in internet video - live programming. If it works, it's another reason to drop that expensive cable bill.

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.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: 19 Cheap or Free Ways to Cut Your Winter Energy Bills

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 1,723 more deals!