News: NBC Universal and News Corp. have combined to create Hulu, the so-called “YouTube killer.” The site provides “premium” content from TV shows on NBC and Fox, including the Simpsons, the Office, Heroes, and 30 Rock. The site is still in beta stage, so you need to get an invite to watch videos on the site (unless the backdoor is still working).
Analysis: I’ve just started my tour of Hulu, but I have to say that I really love it. The design of the site is clean, simple, and easy to navigate. And the video quality is absolutely fantastic (near high def, if not high def), much better than YouTube’s. The key difference is that Hulu doesn’t allow amateur or user-generated videos like YouTube does. So it seems doubtful that Hulu will steal away YouTube’s audience, many of whom probably prefer to watch at least some amateur videos or “non-premium” content.