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Though TV shows have gradually become available on individual network sites over the past few years, the merit of Hulu is that it lets you go to a single, easy-to-use site to watch any episode you want - without having to sift through all the promotional clutter on official TV sites. In fact, you don't even have to know which network a show airs on. "People don't associate The Biggest Loser with NBC. People identify with shows, not a network," says Hulu's CEO, Jason Kilar, whose Los Angeles-based startup has received $100 million in private...
Launching on Wednesday at 12:01 a.m. Eastern Time, Hulu (the name is derived from the Mandarin word for gourd) streams current episodes of dozens of network TV series, including hits like House, The Simpsons and Late Night With Conan O'Brien. It also has episodes from 250 classic series, such as Miami Vice and The Dick Van Dyke Show, and 100 full-length feature films including The Big Lebowski and Some Like It Hot. (Hulu currently offers shows from NBC and Fox; WB shows will be added in the next few months.) You'll also find thousands of short...
...added bonus, by skipping network websites or even the original air times on TV, you can watch your show with less than half the number of ads you would normally see. For example, when I went to Fox.com to watch a recent episode of The Simpsons, I had to suffer through a minute of commercials before I got to see the show. On Hulu, while I had to update my copy of Macromedia Flash, there were less than 20 seconds of ads in the first 8 minutes. And unlike digital video recorders such as TiVo, which cost hundreds of dollars...
...favor is that CMH doesn't fully own anything. Rather, it's a holding company for a cluster of minority stakes, including 25% of pay-TV operator Foxtel, 50% of Fox Sports and 25% of PBL Media, the private-equity vehicle that owns Australia's free-to-air Nine Network. This mixed bag of holdings leads Chenoweth to suspect that Murdoch and Packer are planning "a second transaction that they haven't yet disclosed" - a deal that would turn piecemeal investments into controlling stakes...
...perpetrators of some of the worst violence in Africa's interminable civil wars. Experts believe he has shipped AK-47s to every corner of the world. He even appears to have used U.S. airbases in Iraq in 2004 as part of his arms trafficking. He had a shadowy financial network stretching from Europe to Africa to the Middle East. And he apparently dealt with any kind of weapon a potential buyer wanted. He was set to close a deal with the fake FARC representatives involving surface-to-air missiles and armor-piercing rocket launchers. His fee for delivering the weapons...