Google's new YouTube TV lets you watch cable for $35 a month.

YouTube TV is officially happening. Google (GOOG, GOOGL) on Wednesday announced that the world’s largest video sharing website is getting a live TV streaming service that will let you watch 40 channels at launch, including the five major broadcast stations, with more coming in the future.

The $35 per month service, which launches in New York, Los Angeles, San Francisco Bay Area, Chicago and Philadelphia with other regions to follow, will let you stream ABC, CBS, FOX, NBC and the CW. That’s a coup for Google, as competing services like Dish’s (DISH) Sling TV and Sony’s (SNE) PlayStation Vue either offer only some of or none of those broadcasters.

Outside of those channels, you’ll get Fox Sports and its FS1 and FS2 affiliates, ESPN and its various offshoots, CBS and NBC’s sports channels … you know what, let’s just say there are a bunch of sports networks. There’s also Syfy, Bravo, FX and FXX, E, Disney Channel, Fox News, MSNBC and CNBC and a slew of others.



By Daniel Howley.
Full story at Yahoo News.