What is Hulu?

Hulu is NBC Universal and News Corporation’s online video joint venture. The site focuses exclusively on professional content and does not take on YouTube directly as a viral video destination. The site raised $100 million in financing from Providence Equity Partners.

Hulu videos are played in their own embeddable branded player. Content from at least a dozen TV networks and two major film studios is promised. Initial distribution partners include AOL, Comcast, MSN, MySpace and Yahoo.

Source: Crunchbase

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