It's hard to believe that it's been a year since Hulu - the joint online video venture between NBC Universal and News Corp. - began streaming content. It's initial reception, after months of anticipation and a good helping of ridicule, was less than warm. Old media companies trying to take on YouTube? Were they serious?
Clearly, they were. Fast forward to today - a year after the company released its private beta - and you'll hear a completely different story about Hulu. How did we get here? Let's take a look back at Hulu's first year.
Sponsor
Inauspicious Beginnings
News of the yet-unnamed Hulu began attracting attention in March of 2007 as the stealth project that proposed to bring two competing traditional media companies together to compete against the threat of new media. And things got even more interesting as they partnered with AOL, MSN, MySpace and Yahoo! as initial distribution partners.
In June 2007, without a product or a name, Hulu was once again in the news as they announced the appointment of Jason Kilar - a seasoned Amazon.com veteran - as the CEO
@hklarsen Another draw back is that no matter how awesome a video site becomes, it is still on our computer not on our TV. I have hooked up my computer to my TV to watch Hulu. It looks fine, however most people are unable to do this due to house lay out or technical knowledge.
Hulu works well because of its target audience's modern life style. It's perfect for the person on the move with a notebook as the place for work, communication and now entertainment on demand. Old media delivered to 21st century life style. The notebook is the new TV!
Since Hulu, I watch most of my NBC and Fox shows online, besides online specials. With videos in HD and amazing streaming speeds, I think Hulu is here to stay. Infact these days I wonder why YouTube doesn't have HD quality videos for most cases!