| Website | https://www.hulu.com |
| Category | Games, Video and Entertainment |
| Phone | (310) 571-4700 |
| Employees | 150 |
| Founded | 3/07 |
| Description | Online Video Provider |
| Total | $100M |
| Series A, 8/07 Providence Equity Partners | $100M |
| Series B, 4/09 The Walt Disney Company |
Hulu is an online video provider held by NBC Universal, News Corporation, and, as of April 2009, Disney. 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 is currently the second largest video provider on the web.
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.
Jason Kilar, Hulu’s CEO, explains Hulu’s name, “Objectively, Hulu is short, easy to spell, easy to pronounce, and rhymes with itself. Subjectively, Hulu strikes us as an inherently fun name, one that captures the spirit of the service we’re building.” However, some aren’t so sure it was the wisest name to pick.
In September 2007 that Hulu acquired Bejing-based startup Mojiti and used its platform for the basis of the product.
This video was originally published on Beet.TV
Added: 4/10/09