Yahoo to Launch Paid Video Services
Yahoo Inc. said it would launch two video subscription services Monday, streaming coverage of news, entertainment and live sporting events.
A $9.95-a-month entertainment service will include clips from the television show “Survivor,” while a $16.95-a-month service will focus on sports, Yahoo said.
Internet companies are counting on consumer subscription services to make up for a decline in advertising revenue. AOL Time Warner Inc.’s America Online service and RealNetworks Inc. already sell access to video.
From Bloomberg News, Reuters
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