Hulu to nix free, ad-supported video on its site

Hulu is killing it's free video service first reported by the Hollywood Reporter and confirmed at the Wall Street Journal. Hulu will end it's ad supported free version in a few weeks. Hulu users will receive a notice in the coming days. However, you might have to pay to see video from Hulu. Yahoo is introducing a new site called Yahoo View There viewers will find full length TV shows and movies for free. A good deal that free content is coming from Hulu, that stuff will be ad supported. Yahoo views already live at view.yahoo.com. Newer shows from ABC, Fox and NBC will be available on yahoo view eight days after they first air. That's not the only change at Hulu. Early in August Time Warner purchased a 10% stake of Hulu for $583 million. Time Warner will be bringing live streams of its content as well as on-demand video to Hulu. Cartoon Network, CNN, TBS and TNT are just some of the networks that will join Hulu with the Time Warner deal Hulu is currently owned by four companies, Disney, 21st Century Fox and Comcast each own 30%. The remaining 10% is Time Warner's. Unlike the other owners, Time Warner will not be putting current seasons on the paid versions of Hulu. Expect Time Warner content on Hulu's upcoming cable like streaming service. Hulu launched in late 2007, backed by TV networks to combat piracy on sites like YouTube. According the research company eMarketer, Hulu lags behind Netflix and Amazon Prime in users. We'll see if any of these moves produce results for Hulu. And with that, I'm Iyaz Akhtar and you can keep up with the hottest tech stories at CNET.com/update. [MUSIC]