Why Hulu Is The OPEC Of Online Video

The founders felt that having a legitimate site for content would discourage Silicon Valley VC’s from funding entrepreneurs to create the next big TV killer.

Read the full post:
http://techcrunch.com/2010/11/08/hulu-opec/

Source: Barrett Garese
http://www.barrettgarese.com/post/1525163797/i-have-always-loved-watching-videos-there-but

See also: Hulu Brings in the Dough: $240M of Revenue in 2010

Hulu had 30 million users in October 2010, who watched some 260 million content streams as well as 800 million ad streams during that month.

Read the full post:
http://gigaom.com/video/hulu-brings-in-the-dough-240m-of-revenue-in-2010