NBC/News Corp.'s "Hulu" all set to rival YouTube |
The Money Times - Aug 30, 2007 |
Five months after giving birth to their new online video joint venture, the two media titans - News Corp and NBC Universal - on Wednesday christened a name for it.
Christened as “Hulu”, the new Web site for prime-time and high-quality TV programs could pose a challenge for YouTube, which has long been enjoying its numero uno position as the biggest video sharing website in the industry.
In March, News Corporation and NBC Universal joined hands to proclaim the world's largest Internet video distribution network. At the time they included the distribution of full-length movies, television shows and video clips through their un-named site on their agenda.
Read Full Article from The Money Times
- Posted: 2007-08-30 10:02:53
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