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Entertainment. Available in. English, Japanese. Founded. 20. 07 1. Headquarters. Los Angeles, California, United States. Area served. United States, Japan. Owner. Nippon TV Japan,Hulu, LLC US Key people. Mike Hopkins CEOProducts. Services. Revenue 1 billion 2. SlogansAnywhere, AnytimeFor the Love of TVCome TV with us4Websitewww. US, www. happyon. JapanAlexa rank 4. June 2. 3 2. 01. 75Advertising7. With commercials in US1. Ad free in US9. Ad free in JapanRegistration. Hulu membership is required. Users. 32 million April 2. Launched. October 2. Hulu Syndication Network7February 1. Hulu. com destination site7Current status. Active. Hulu stylized as hulu is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company through DisneyABC Television Group 3. Century Fox through Fox Entertainment Group 3. Comcast through NBCUniversal 3. August 1. 0, 2. 01. Time Warner through Turner Broadcasting System 1. It is primarily oriented towards television series, carrying current and past episodes of series from its owners respective television networks and other content partners. Previously it was divided into free and paid tiers, with the free service limited in the amount of content accessible by users and accessible via PC only, and a paid service with a larger library of content and accessed via Hulu applications for various mobile and connected devices. The subscription service is, in turn, divided into advertising supported and mostly ad free tiers. In 2. 01. 6, Hulu spun out its free content into a joint venture with YahooYahoo View1. May 3, 2. Hulu is offered only to users in Japan and the United States and its overseas territories. The name Hulu comes from two Mandarin Chinese words, hl, calabash bottle gourd, and hl, interactive recording. The company blog explains In Mandarin, Hulu has two interesting meanings, each highly relevant to our mission. The primary meaning interested us because it is used in an ancient Chinese proverb that describes the Hulu as the holder of precious things. It literally translates to gourd, and in ancient times, the Hulu was hollowed out and used to hold precious things. The secondary meaning is interactive recording. We saw both definitions as appropriate bookends and highly relevant to the mission of Hulu. Business historyeditKey executives instrumental in the founding of Hulu include Bruce Campbell,1. Peter Chernin,1. JB Perrette,1. Michael Lang,1. Beth Comstock and Jason Kilar. The venture was announced in March 2. AOL, Comcast, Facebook, MSN, Myspace, and Yahoo Kilar was named the CEO in June 2. The name Hulu was chosen in late August 2. It invited users to leave their email addresses for the upcoming beta test. In October, Hulu began the private beta testing by invitation, and later allowed users to invite friends. Hulu launched for public access in the United States on March 1. The first product to launch was the HULU Syndication network, which was designed and developed by the NBC Universal team from New York, on October 2. Hulu. com destinations site. Watch Kim Dotcom: Caught In The Web Full Movie. Hulu began an advertising campaign during NBCs broadcast of Super Bowl XLIII with an initial ad starring Alec Baldwin titled Alec in Huluwood. The ad intended to humorously reveal the shocking secret behind Hulu, portraying the site as being an evil plot to destroy the world by suggesting that Baldwin is really an alien in disguise. Advertisements have since aired featuring Eliza Dushku, Seth Mac. Farlane, Denis Leary, and Will Arnett. In July 2. 00. 7, Providence Equity Partners, the owner of Newport Television, became one of the earliest outside investors by purchasing a 1. US1. 00 million equity investment,2. Hulu. 2. 4 With its investment came a seat on the board of directors, where Providence was said to act as an independent voice on the board. In October 2. 01. Providence sold its 1. Hulus media owners and ceased participation in the board. Early in 2. 01. 0, Hulu chief executive Jason Kilar said the service had made a profit in two quarters and that the company could top 1. Com. Score says monthly video streams reached 9. January 2. 01. 0, over three times the figure for a year earlier,2. You. Tube. 2. 6On August 1. Hulu was planning an Initial Public Offering IPO which could value the company at more than 2 billion. On June 2. 1, 2. 01. The Wall Street Journal reported that an unsolicited offer caused Hulu to begin weighing whether to sell itself. On October 1. 3, 2. Hulu and its owners announced that they would not sell the company, as none of the bidders offered an amount that was satisfactory to its owners. It was reported that in 2. Hulu made 4. 20 million. The figure was 8. The vacant CEO post was officially filled by former Fox Networks President Mike Hopkins on October 1. Content partnerseditFollowing the start of its service, Hulu signed deals with several new content providers making additional material available to consumers. On April 3. 0, 2. The Walt Disney Company announced that it would join the venture, purchasing a 2. Hulu. 8Starting August 1. Fox and related networks are required to authenticate paid cable or satellite service wherever Fox streams episodes, including on Hulu, to be able to watch them the morning after the first airing. Non subscribers will see those episodes delayed a week before they are viewable. On October 2. 8, 2. Hulu announced that they had inked a five year deal with The CW, giving the streaming site access to next day content from five of the six major networks. On September 1. 8, 2. Hulu announced a multi year deal with the BBC that will deliver 2,0. In 2. 01. 5, Hulu began offering content from Showtime for an additional 8. Showtimes own streaming service. On June 1. 6, 2. 01. Hulu announced a deal with the Disney ABC Television Group for the exclusive SVOD rights to past seasons of seven Disney Channel, Disney Junior and Disney XD series, and more than 2. Disney Channel original movies. On September 1. 8, 2. The CW was removed from Hulu, as The CWs own website and apps became the exclusive portals for streaming their shows during the current season, with Netflix becoming the exclusive streaming provider for The CW shows post current season. As of January 2. 01. CBSs library is available on demand, mostly limited to shows that are no longer producing new episodes. On January 4, 2. 01. CBS and several affiliated channels to Hulus upcoming live streaming service4. Productsedit Hulu subscription serviceeditAt an industry conference held on October 2. News Corporation Deputy Chairman Chase Carey stated that Hulu needs to evolve to have a meaningful subscription model as part of its business and that it would likely start charging for at least some content by 2. Careys comment jibes with other News Corp. Rupert Murdoch who has expressed a desire to charge for content with a number of online units. The Hulu monthly subscription service called Hulu Plus was launched in beta preview on June 2. November 1. 7, 2. Like the free version of Hulu, the content available with a Hulu subscription also contains advertising. However, it offers an expanded content library including full seasons, day after access to current season content and more episodes of shows available through the free Hulu. A Hulu subscription also provides a wider array of viewing choices. The free access to Hulu was only available on PCs and laptops, while a Hulu subscription allows viewers to access Hulu through all Hulu supported devices including set top boxes, smart TVs, gaming consoles, mobile devices and more.