Is It Time for Alphabet to Spin Off YouTube TV?
Over-the-top (OTT) streaming offering YouTube TV has reached a milestone of 5 million subscribers and trial customers, making it one of the most popular nontraditional live TV services in the U.S. Owned by Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), five-year-old YouTube TV has differentiated itself from the competition with unique features such as a cloud-based DVR, real-time statistics for live sports, and more.
Now that an increasing number of people are cutting the cord and moving to internet-based television, here why this might this be the right moment for Alphabet to break YouTube TV out as a stand-alone operation.
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Source Fool.com
