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Hulu Ditches Free-Service Model, Instagram Adds Snapchat-Like Stories Feature05:33
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CEO of Hulu Mike Hopkins  speaks onstage at the 2015 Hulu Upfront Presentation at Hammerstein Ballroom on April 29, 2015 in New York City. (Craig Barritt/Getty Images for Hulu)
CEO of Hulu Mike Hopkins speaks onstage at the 2015 Hulu Upfront Presentation at Hammerstein Ballroom on April 29, 2015 in New York City. (Craig Barritt/Getty Images for Hulu)
This article is more than 5 years old.

Hulu is phasing out its free service option as it moves exclusively to premium subscription-based streaming.

The media company was founded in 2006 as a reaction to sites like YouTube, offering a place for broadcast networks to showcase their content online in a piracy-free environment. For years, the service allowed users to view delayed network shows from ABC, NBC and Fox for free with commercials, adding a Netflix-like commercial-free paid option later.

Also in tech news, Instagram has added a feature that's strikingly similar to Snapchat's Stories. What makes the ability to overlay text, emojis and other media so attractive to users?

Here & Now's Jeremy Hobson speaks with Edmund Lee of Recode for the latest from the world of tech.

Guest

Edmund Lee, managing editor of Recode. He tweets @edmundlee.

This segment aired on August 9, 2016.

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