YouTube Challenger Vessel Details Subscription, Ad-Supported Service - WSJ



YouTube Challenger Vessel Details Subscription, Ad-Supported Service - WSJ

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Images of Vessel's new online video service Vessel Vessel launched an early version of its much anticipated online-video service Wednesday, looking to attract producers and performers ahead of a planned mass-market launch early next year. The company, led by former Hulu CEO Jason Kilar, said it will offer both a $2.99-per-month subscription service with exclusive short-form videos and an ad-supported service like Google's YouTube. Vessel is among several Internet and media companies racing to build video libraries, including Facebook, Yahoo and Dreamworks Animation. The offerings will largely try to mimic the success of YouTube, some of whose stars have built huge followings and cut deals for movies, books and endorsements. YouTube executives are particularly worried about Vessel, which has raised more than $75 million,

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