A timely reality check; see the full article for details
Yet Hulu, founded in March 2007, is triumphant when most other video sites have languished.
Most recently, Joost has retrenched and its chief executive, Mike Volpi, has left that spot to join Index Ventures, one of the company’s backers. Joost was notable mainly for the pedigree of its founders, Niklas Zennström and Janus Friis, who had quite a pedigree of upending traditional industries. Their free Kazaa file-sharing service continued the work of Napster in undercutting the $15 price for CDs. And Skype, the Internet phone service, continues to cause trouble for the cartel of phone companies and governments that keep international phone rates high.
In television, however, the empire struck back. Here are a few reasons why Hulu has been successful where others failed