Yahoo! (YHOO) may be looking with envy at the success of YouTube and Hulu, the two large video sites. It's not clear that either makes money, which may make them bad businesses for Yahoo! to emulate, but the portal wants to push up its video content anyway.
According to The New York Times, "Yahoo's executives say they have found a sustainable model for making original video online, in part by explicitly not competing with television." That means that the project will offer products unlike Hulu, which carries a lot of full-length TV shows and movies, and unlike YouTube, which gets most of its content from amateurs.