It was reported last week that Yahoo is getting into the online video business by courting YouTube stars and networks. The move could mark one of the biggest challenges to YouTube’s audience dominance and create serious competition in the online video world.
As of September 2013, more than 17% of all Internet traffic was going to YouTube. The only site to have more traffic than that was another streaming video behemoth — Netflix. With so many Internet users looking for video content, and with so many video creators left unhappy due to changing content ID rules and low monetization rates, it only makes sense that competitors should start to rise.
Check out the video above to learn more about Yahoo’s video service plans. Host Lamarr Wilson also covers the Disney acquisition of Maker Studio, and reveals his picks for video and channel of the week. Also, be sure to subscribe to Mashable on YouTube so that you never miss an episode.