ABC Programs Coming To Hulu
Three of the four big broadcast networks now own stakes in Hulu, the popular video web site. ABC Enterprises, a unit of the Walt Disney Company, announced Thursday that it would join NBC Universal, which is owned by General Electric and Vivendi, and the News Corporation, owner of Fox, as a partner in the joint venture. Hulu, which in the last 18 months has become the third most popular video site on the Web, behind YouTube and Fox Interactive Media, displays free, high-quality versions of television shows and movies, supported by advertising. It said it would add ABC shows like "Lost," "Desperate Housewives" and "Jimmy Kimmel Live" to its online library by late summer, pending regulatory approval. Read the full New York Times article here.
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