NBC Universal & News Corporation announced the online video site Hulu in March 2007. Hulu is only available in the US right now, but they are looking at European and Azian parntners to deliver content in he other continents as well.
Hulu is a breaktrough on online television. You have premium content to view, all the time available. And with some tricks, you can also viewed in Europe 🙂
The content is completly free, and the hulu concept is completly add driven. They connect with MSN Video as a partner.