Is Youtube's New Update A Hulu Clone?

Youtube has made a big update to the site and added some huge features that could really be put into good use.They have changed from video display to the way you navigate around your account.All this is new so im here to interpret what all this is and how it changes youtube as a whole.I Made this video using a desktop video capture program except for the ending intro i made that using another program.So sit back , click play,watch it and if you like hit the subscribe button!!!!!!!!!!!! thank you again

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