November 7, 2008

According to unnamed entertainment executives talking to CNET, YouTube may be on the verge of streaming full-length major motion films on a new service.

The service would be very similar to the popular Hulu site and would let users watch ad-supported movies in a widescreen format. CNET is under the impression that YouTube is so far into negotiations that a formal launch could happen as soon as January.

The deal would mark a major turnaround for YouTube which has so far mostly refused to host video longer than a few minutes.

The service will most likely only be available via a PC web browser as most web video services insert ads using Flash which most video-enabled devices cannot load.