Disney Buys Into Hulu. YouTube should be worried.
April 30, 2009
Hulu is the No.3 video site in the United States of America and they are closing to become No.2. Disney is investing Hulu; this should worry YouTube, which is still casting about for business model that will pay for itsĀ enormous storage and bandwidth costs. The media companies cannot ignore YouTube just yet, but by strengthening Hulu they can give it their best content first. I think they are just jealous of YouTube because YouTube is the best and popular video site almost in the world. Video sites are trying to gather and to be involved for having a challenge with YouTube. It said “The media companies would like nothing better than to displace YouTube as the king of all Web video. And with a stake in Hulu’s success, they have even more incentive to help it win.” But if Hulu does become the de facto distribution vehicle for the media companies, the TV and movie companies who are not part of the partnership will be at a disadvantage. In my opinion, either in the business or in the informatics, there should not be a monopoly. Even though a monopoly is existing in the business and informatics, other companies are trying to displace it by involving together and having more power. Monopoly is not fair to other company and they are not going to just watch and wait it.
http://www.techcrunch.com/2009/04/30/disney-buys-into-hulu-youtube-should-be-worried/