What is Hulu?
March 14th, 2008Hulu 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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