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YouTube challenges cable TV with streaming service

SAN FRANCISCO: YouTube on Tuesday unveiled a streaming television service offering bundles of live channels, in a direct challenge by the Google-owned network to traditional cable and pay TV. YouTube TV was tailored for younger generations seeking news, films and more programs without subscribing to cable or satellite service, according to YouTube chief executive Susan Wojcicki. The new service will allow subscribers in US markets to get access on any connected device to networks such as ABC, CBS, Fox and NBC, along…