Hulu is moving to an all-subscription model, as the popular streaming service plans to phase out its ad-based free option over the course of the next few weeks.

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According to Variety , the company is also expanding its distribution deal with Yahoo to provide a new ad-supported service called Yahoo View that includes the five latest episodes from major television networks, including NBC, FOX and ABC, which will be made available eight days after airing on TV. A selection of anime and Korean drama series will be available via the new service as well.Hulu exec Ben Smith spoke to the company's decision to end its free streaming service, saying in a statement, "As we have continued to enhance that offering with new originals, exclusive acquisitions, and movies, the free service became very limited and no longer aligned with the Hulu experience or content strategy."It's important to note that, thanks to the new deal between The CW and Netflix , there won't be anymore shows from The CW on Hulu.On top of its subscription-based plans, which include a $7.99 per month with commercials option and a $11.99 per month commercial-free option , Hulu is also planning to launch a live television service next year, though specifics on the forthcoming service have yet to be detailed.

Alex Osborn is a freelance writer for IGN. You can follow him on Twitter and subscribe to him on YouTube