Former Hulu boss Jason Kilar’s new business is actively going after online video producers and seeking to entice them with better terms than they could get from YouTube.
The firm, Vessel, recently successfully concluded a US$75 million (€56 million) funding round and, according to online news site The Information, will offer minimum guarantees to producers of premium online video and take an exclusive window, likely to be thirty days.
The terms are likely to appeal to some content creators who have expressed their dissatisfaction with the revenue share model offered by Google-owned YouTube.
Yahoo is also attempting to woo creators of premium online video as it seeks to ramp up original programming. It recently said it would finance a new season of US comedy series Community.
Kilar is running Vessel with Richard Tom, the former CTO at Hulu. Both left Hulu in early 2013.
#MostRead this week: #F1 unveiled its own plans for an #OTTTV service, to be launched in May in time for the hhttps://t.co/76qx8Jqkk3
22 April 2018 @ 09:05:00 UTC
DTVE: #TheWeekinView - @netflix: another stellar quarter in an evolving competitive landscape #SVOD #Disney #Sky hhttps://t.co/grljz7fDaH
21 April 2018 @ 16:04:00 UTC
#Crunchyroll debuts linear block in Brazilian market https://t.co/D12gTaeuwg
20 April 2018 @ 17:00:02 UTC
.@AMC_TV's #SundanceNow streaming service takes Sharon Horgan show https://t.co/fm5XwbBtAm
20 April 2018 @ 16:30:00 UTC
DTVE: #TheWeekinView: @netflix: another stellar quarter in an evolving competitive landscape #SVOD #Disney #Sky hhttps://t.co/pfDQG9y6fg
20 April 2018 @ 16:05:00 UTC