YouTube TV hits 5 million subscribers and is looking like the future of cable
When YouTube decided to build a cable TV-like product back in 2014, a big part of the goal was just to create a better relationship with Hollywood. After seven years of fighting with Viacom about widespread copyright infringement, YouTube CEO Susan Wojcicki wanted a way to work with networks and studios, not against them. She hired Christian Oestlien, who is now a VP of product management at YouTube, and gave him a broad mandate: “figure out what YouTube might be able to do with the larger media companies, with a focus around television.”
Seven years later, YouTube TV, the company’s live cable streaming bundle, is a hit. The company announced today that 5 million people are currently either paying for or testing out YouTube TV, which...