After many months of rumors, YouTube has officially announced its entry into streaming live TV. YouTube TV will let you access live and recorded content from major networks, both the big broadcast players as well as some options typically found on cable. All of this will be coupled alongside YouTube’s existing content, and it’ll work on nearly any screen that YouTube is available on. The new service will be available later this spring to customers in the US for $35 a month with no contract.
Source: YouTube TV is Google’s live TV service