Yahoo announced the launch of Yahoo View, a free TV-watching site that will feature Hulu’s content. This move was announced after Hulu decided to close its free, ad-supported streaming service, informed The Hollywood Reporter.
Hulu will begin notifying clients over the next few days, and members who have been using the free service will be offered free trials of a paid subscription.
This way, while Hulu is moving to an all-subscription model, Yahoo will use the ad-supported model. Yahoo’s service will have thousands of anime, full episodes of Korean drama and movies, films, and clips for free. Also, Yahoo View will offer the last five episodes of ABC, NBC, FOX (8 days after original broadcast) and other network sitcoms.
Hulu launched in 2007 with a library of free TV shows and clips. Subsequently, it launched two subscription models, one with limited advertising and other one completely ad-free. Last May, the company announced that it had 12 million subscribers.
Hulu is owned by Walt Disney, 21st Century Fox, NBCUniversal and recent minority shareholder Time Warner. In late July, Verizon Communications agreed to buy Yahoo’s Internet business for USD 4.8 billion.