Hulu

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Hulu's logo

Hulu is an ad-supported online video service that offers on-demand streaming content including popular TV shows, movies, and other clips from many networks including FOX, ABC, and NBC. The company is shared by The Walt Disney Company, NBCUniversal, News Corporation, Providence Equity Partners, and the Hulu team.[1] Starting as a subscription-based service, Hulu is now free for all users, but also provides a premium service called Hulu Plus, which provides more content on additional devices for $7.99 a month. Hulu's headquarters are located in Los Angeles, California.


History

Hulu, literally meaning "gourd" or "interactive recording" in Mandarin, was founded in March of 2007 in partnership with AOL, Comcast, MSN, MySpace, and Yahoo. It started with an invitation-based beta testing only available in the U.S. Jason Hilar was appointed CEO in 2007. Additionally, in 2007 Hulu won "Best Video Startup" at the 2007 Crunchies, an event sponsored by TechCrunch, GigaOm, and VentureBeat[2].

On March 12th, 2008, Hulu opened its services to the U.S. public, starting with over 250 T.V. shows and 100 movies from FOX, NBC, and their affiliated channels[3]. In 2008, The Walt Disney Company became an equity owner of Hulu, adding many of Disney's most popular shows including shows like Lost, Grey's Anatomy, and Desperate Housewives.[4] In late 2008, a "Discussions" tab was also added underneath the video player that allowed users to engage in discussion.

Hulu's revenue form 2008-2011

In 2011, the Hulu Plus app was created for Android smart phones. The app was originally designed for the Nexus One, Nexus S, HTC Inspire 4G, Motorola Droid II, Motorola Droid X, and the Motorola Atrix, but by the end of the year, was available on over 200 million devices including Microsoft's Xbox 360, smart phones, and tablets such as the Barnes and Noble's NOOK tablet and Amazon's Kindle Fire. Hulu also launched in Japan in late 2011, at which time they started allowing users access to shows on up to four devices for one monthly price.

Hulu launched Hulu AdZone, presented by Toyota, which offered all of the Super Bowl ads going back as far as 1973[5]

On April 17th, 2012, Hulu announced a "100% Completion Rate" deal with advertisers using their services - if advertisements were not streamed until they were finished, advertisers were not charged.[6]. Previously available for Microsoft's Xbox 360 and the Nintendo Wii, On September 10th, 2012, Hulu Plus became available on the third major gaming platform: Sony's Playstation 3.

As of 2011, Hulu Plus has 1.5 million subscribers, making it the fastest video subscription service to reach that number in U.S. history. In 2012, Hulu added its own original programming, including the Hulu original sitcom, "Battlefield," which premiered in February.[7]


Advertising

Hulu's Adswap allows users to pick the commercial they want to watch

In 2010, Hulu reported that it averaged $0.143 in revenue from ads per episode watched,[8] and in 2011, Hulu generated the highest number of video ads in the U.S. at 963 million ads viewed[9]. Hulu also began asking users to rate whether or not ads were relevant to them - ads deemed irrelevant are replaced with different ones.[10]


Features

Hulu provides streaming content in Flash Video format in 288p, 360pm, 480p, and for some videos, 720p HD.

Hulu Plus

Hulu Plus on the iPad

Hulu plus is a monthly subscription service that now has over 2 million customers. It launched its beta on June 29th, 2010 and officially launched to the public on November 17, 2010. Contrary to popular belief, Hulu plus still has the same commercials as Hulu, but has a wider library of content for users to view. It has full seasons and more episodes of shows that Hulu does not provide. Hulu Plus also unlocks the Hulu app for iOS and Android on smart phones and tablets.

Hulu Desktop

Hulu recently introduced a beta version of Hulu Desktop, a free application that provides Hulu content using a PC or Mac remote and does not require the use of a web browser. No account is needed to use Hulu Desktop, and all of the same content will be available as online. It is available on Windows, Mac, and Linux PCs.[11]

Hulu Publisher Tools

Hulu Publisher Tools, designed for bloggers and webmasters, makes it easy to embed Hulu content into articles and blog posts. It also serves as a directory of the most relevant and popular videos on Hulu at any time.[12]


Availability

Currently, Hulu is only available in the United States and Japan.[13] Exclusive deals for the digital rights of many U.S. shows would make it difficult for Hulu to go global. However, Kilar has said "We Won't be satisfied until this is a global service". [14] Hulu's latest step in achieving this goal was making a deal with FremantleMedia Enterprises to distribute its original shows outside the U.S. [15]


Content

Hulu is partnered with hundreds of different studios. Some prominent ones include: [16]

Hulu's original series, Battleground, starring Jay Hayden, Terri Reeves, and Jack DeSana
  • ABC
  • BBC
  • CNBC
  • Comedy Central
  • Food Network
  • Fox
  • MTV
  • NBC
  • PBS
  • Spike
  • Warner Bros

Hulu Original Series include:

  • The Morning After
  • A Day in the Life
  • Battleground
  • Spoilers
  • Up To Speed


See Also


References

  1. http://topics.nytimes.com/top/news/business/companies/hulu_llc/index.html,
  2. http://techcrunch.com/2008/01/18/2007-crunchies-the-winners/
  3. http://www.wired.com/entertainment/theweb/magazine/16-10/mf_hulu?currentPage=all
  4. http://www.businessinsider.com/disney-joins-hulu-2009-4
  5. http://www.webpronews.com/relive-super-bowl-commercial-history-with-hulus-adzone-2012-01
  6. http://mashable.com/2012/04/17/hulu-advertisers-100-percent-ad/
  7. http://www.nytimes.com/2012/04/17/business/media/hulu-the-online-tv-site-adds-original-programming.html?ref=hulullc
  8. http://gigaom.com/video/hulu-defends-ad-split/
  9. http://www.comscore.com/Press_Events/Press_Releases/2011/8/comScore_Releases_July_2011_U.S._Online_Video_Rankings
  10. http://www.dmnews.com/hulu-revamps-ad-pricing-model/article/236837/
  11. http://www.pcmag.com/article2/0,2817,2350008,00.asp
  12. http://www.socaltech.com/hulu_launches_publishing_tool__linux_support/s-0024490.html
  13. http://www.hulu.com/support/article/171122
  14. http://www.digitalspy.com/tech/news/a240992/hulu-puts-uk-launch-back-on-agenda.html
  15. http://www.fremantlemedia.com/news/news-detail/12-03-12/FremantleMedia_Enterprises_Signs_Global_First_Look_Deal_for_Hulu_Original_Programming.aspx
  16. http://www.hulu.com/partners