Hulu was founded in March 2007 by NBC Universal and News Corp and is operated independently by a dedicated management team with offices in Los Angeles, New York, and Beijing. Hulu closed a $100 million investment from private equity firm Providence Equity Partners in October 2007.

Hulu's mission is to help people find and enjoy the world's premium video content when, where and how they want it.

Hulu is an online video service that offers hit TV shows, movies and clips at Hulu.com and other online destination sites — all for free, anytime in the U.S. For more details on Hulu's service, check out the Hulu product tour.

Content: Hulu brings together a large selection of videos from more than 50 content providers, including FOX, NBC Universal, MGM, Sony Pictures Television, Warner Bros. and more. Users can watch current primetime TV such as The Simpsons and The Office the morning after they air, classics like Buffy the Vampire Slayer and Married...with Children, movies like The Usual Suspects and The Big Lebowski, and clips from Saturday Night Live and other popular TV shows and movies.

User Experience Hulu is easy to use and share. Simply go to www.hulu.com, and click on a video to watch right away.

• Hulu does not require a download of any software. Users only need a Flash 9.0 enabled computer and an Internet connection to enjoy.
• Hulu offers the freedom to share full-length episodes or clips via e-mail or embed on other Web sites, blogs and social networking pages.
• Hulu's clipping feature allows users to select a portion of the video they would like to share.

Hulu is free and legal through an advertising supported model.

• Videos are available for unlimited streaming; watch favorite shows and clips over and over, for free
• Videos contain fewer ads than on TV. Advertisements appear during normal commercial breaks
• Hulu acquires the rights to distribute its videos, making them available to users legally

Distribution: Hulu allows users to enjoy great videos on Hulu.com or at other popular Web sites across the Web. Hulu videos are available on AOL, Comcast, MSN, MySpace, and Yahoo! in the U.S. as well as a growing network of personal blogs, fan sites, and other Web sites where users choose to embed the Hulu video player.

Advertising: Hulu gives advertisers an opportunity to associate their brands with premium online video content, connect with highly engaged consumers and extend their reach beyond Hulu.com to Hulu's distribution network. Additionally, Hulu offers and is committed to the continued development of innovative, new advertising experiences.