HULU DEBUTS VIA PRIVATE BETA AND ON DISTRIBUTION PARTNERS AOL, COMCAST, MSN, MYSPACE AND YAHOO!

COMPANY ANNOUNCES MAJOR LICENSING DEALS WITH METRO-GOLDWYN-MAYER
STUDIOS INC. AND SONY PICTURES TELEVISION

PROVIDENCE EQUITY PARTNERS MAKES STRATEGIC INVESTMENT IN NEWS CORPORATION/NBC UNIVERSAL
ONLINE VIDEO JOINT VENTURE


LOS ANGELES, October 29, 2007 - Hulu today announced the beta launch of its online video service, offering viewers a vast selection of streaming, on-demand, premium programming on a free, ad-supported basis. Hulu content includes full-length current and archived television programming as well as clips and an initial selection of feature films.

Hulu announced it has signed licensing deals with Metro-Goldwyn-Mayer Studios Inc. (MGM) and Sony Pictures Television, marking a major milestone in its mission to bring consumers the most comprehensive selection of premium video content online. A collection of over 40 television shows from Sony will be made available at Hulu.com, while full-length television shows and feature films from MGM will be available through the Hulu service. Hulu will also offer content from two leading broadcast networks (Fox and NBC), over 15 cable networks (Bravo, E! Entertainment, FX, Sci Fi, USA, and more), four of the largest Studios (Fox, MGM, Sony and Universal) and a broad array of independent, web-centric content providers. In addition, Hulu announced content partnerships with such leading programmers as Reveille, Smithsonian Networks, and World Wrestling Entertainment (R).

Hulu also announced it has closed a $100 million investment from private equity firm Providence Equity Partners, the leading global private equity firm specializing in media, entertainment, communications and information companies.

"We're excited to bring a wide selection of popular content to fans, on-demand and free -from full episodes and clips of hit shows like Heroes, House, The Office, and The Simpsons, to feature films like The Blues Brothers and Sideways," said Jason Kilar, chief executive officer of Hulu. "The launch with our distribution partners as well as our beta is an important first step in delivering a service that lets people enjoy their favorites, anytime, anywhere."

"Consumers are clearly interested in easily accessing a broad spectrum of programming," said Peter Chernin, president and chief operating officer, News Corporation. "As a single source of free, on-demand programming from some of the most popular studios and online networks, Hulu helps consumers quickly and easily find and enjoy the premium content they are looking for."

"NBC Universal is excited to give consumers the flexibility to enjoy our most popular shows online when, where and how they want," said Jeff Zucker, president and chief executive officer, NBC Universal. "Hulu's clean and crisp destination site, broad distribution network, and embeddable video player make for a powerful combination and will provide substantial reach to consumers online."

While Hulu.com is debuting in private beta, consumers will be able to also visit Hulu's vast network of distribution partner websites: AOL, Comcast's Fancast.com, MSN, MySpace and Yahoo! to enjoy the extensive library of premium long-form and clip content. Together, these companies represent some of the most visited web destinations, bringing content to consumers where they are already spending much of their time. Each distribution partner features a unique, customized video player, ensuring a seamless viewing experience on all of their sites. Additionally, users can embed videos throughout the web, including their own site, in order to further extend distribution.

Hulu has partnered with a strong lineup of content providers including Bravo, CNET, Comedy Time, E! Entertainment Television, Ford Models, Fox Atomic, Fox Reality, FX Networks, FUEL TV, Golf Channel, IGN, Movieola, National Geographic, Oxygen, Sci Fi Network, SPEED, Sundance Channel, The Fight Network, The Style Network, USA Network, Versus and more.

"Hulu is bringing together a wide array of premium content that will engage audiences and meet their rapidly growing demand for quality online video," said Jonathan M. Nelson, chief executive officer of Providence. "We are pleased to partner with News Corporation, NBC Universal and Jason and his talented team to support Hulu's growth."

Dedicated to providing users with an enhanced online video experience, Hulu.com offers an elegant interface that makes content the central focus. At the same time, innovative features allow users to enjoy, share, and embed videos in new and exciting ways. The beta period will give users an opportunity to test the service and provide valuable feedback which will help to shape the Hulu service.

To sign up for the private beta, users can go to http://www.hulu.com.

At launch of beta, Hulu's programming will include the following full-length episodes, clips and feature films:
  • 24
  • 30 Days
  • 30 Rock
  • The A-Team
  • Adam-12
  • Age of Love
  • Airwolf
  • Alfred Hitchcock Hour
  • Alfred Hitchcock Presents
  • American Dad!
  • Andy Barker P.I.
  • Are You Smarter Than A 5th Grader?
  • Arrested Development
  • Back To You
  • Battlestar Galactica
  • Battlestar Galactica Classic
  • Big Ideas for a Small Planet
  • Bionic Woman
  • The Blues Brothers
  • The Bob Newhart Show
  • Bones
  • The Breakfast Club
  • Breaking Away
  • Buck Rogers
  • Buffy the Vampire Slayer
  • Bulworth
  • Chicago Hope
  • Chuck
  • The Comebacks
  • Conan the Barbarian
  • Cops
  • Death Sentence
  • Doogie Howser, M.D.
  • Dr. 90210
  • Dragnet
  • Family Guy
  • Firsthand
  • Flipping out
  • Fox Movie Channel presents "Casting Session"
  • Fox Movie Channel presents "Making a Scene"
  • Fox Movie Channel presents "World Premier"
  • Friday Night Lights
  • Heroes
  • Hill Street Blues
  • House
  • Inside the Actors Studio
  • It's Always Sunny in Philadelphia
  • The Jerk
  • Journeyman
  • K-Ville
  • King Of The Hill
  • Kitchen Confidential
  • Kitchen Nightmares
  • Kojak
  • Las Vegas
  • Late Night with Conan O'Brien
  • Life
  • The Loop
  • Lost in Space
  • Lou Grant
  • The Mary Tyler Moore Show
  • Master and Commander: The Far Side of the World
  • McHale's Navy
  • Miami Vice
  • Monk
  • Murder One
  • My Bare Lady
  • My Name is Earl
  • Night Gallery
  • October Sky
  • The Office
  • Over There
  • Picket Fences
  • The Practice
  • The Pretender
  • Prison Break
  • Psych
  • Queer Eye
  • The Riches
  • Rob and Amber: Against the Odds
  • Saturday Night Live
  • Scrubs
  • Sideways
  • Simon & Simon
  • The Simpsons
  • Solitary
  • St. Elsewhere
  • Stacked
  • Standoff
  • Talkshow with Spike Feresten
  • The Tonight Show
  • Vanished
  • Weekend at Bernie's
  • WKRP in Cincinnati
  • Woody Woodpecker
  • About Hulu
    Hulu is an online video service that offers a selection of hit shows, clips, movies, and more at Hulu.com and other destination sites online. Hulu's selection of premium programming is provided by leading content companies, including NBC, FOX, MGM, Sony Pictures Television, as well as Access Hollywood, BNET, Bravo, CNET, Chiller, Comedy Time, E! Entertainment Television, The Fight Network, Ford Models, Fox Reality, FX Networks, FUEL TV, G4TV, Gamespot.com, Golf Channel, IGN, LXTV, Movieola, MyNetwork TV, National Geographic, Oxygen, Rehearsals.com, Reveille, Sleuth, Smithsonian Networks, SPEED, Sundance Channel, Smithsonian Networks, Sci Fi Network, The Style Network, TV.com, TV Guide, TVG, USA Network, Versus, World Wrestling Entertainment (R) and X17 Online. This content is available on Hulu.com and distributed through Hulu's partners: AOL, Comcast, MSN, MySpace and Yahoo!.

    Contacts:

    Christina Lee
    310-571-4759
    christina.lee@hulu.com

    Betsy Foudy
    Edelman for Hulu
    323-202-1068
    Betsy.Foudy@Edelman.com