Hulu's ex-CEO to launch paid streaming service for YouTube stars

By Aileen Graef Follow @AileenGraef Contact the Author   |  March 24, 2015 at 8:47 AM
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LOS ANGELES, March 24 (UPI) -- Former Hulu CEO Jason Kilar is launching a paid online streaming service featuring the videos of YouTube and other Internet stars.

Hulu is free but its Plus service provides the latest episodes and other content from major networks, including the latest episodes for popular TV shows.

Kilar's new service, Vessel, costs $2.99 per month and will stream videos from online stars like Boyce Avenue, Ingrid Nielsen and Rhett and Link. The service will deliver videos to users early and pay them 20 times the revenue promised by YouTube to debut their content with them.

"We're a next generation video company," Kilar said. "Allowing you early access to the creators you love, and optimized for the phone."

Video producers must apply to show their videos on the site and they already have 30 advertisers lined up.

Anyone who signs up by Thursday will receive free access for one year.

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