New York It looks like the Disney-Hulu deal may have put YouTube in a difficult position.  YouTube already provides its users with some professional content, but this new deal will push advertising dollars away from YouTube.   YouTube will need to quickly make some good business deals or suffer a serious loss in advertising revenue over the next few months.  Stolen from Slashdot: Dow Jones reports that Hulu scored a big victory when Disney agreed to take a nearly 30% stake in... Full Story

Los Angeles, California, USA Walt Disney Co. is taking an equity stake in the popular video streaming site Hulu. It will be joining the founding companies - NBC Universal and News Corp. as partners. The stake amount is reported to be around 27-30%. This also means that Disney movies and ABC TV shows with be available on Hulu. So, you will be able to view full episodes of Lost, Desperate Housewives and Grey's Anatomy on the website. This means that now Hulu has contents/agreements with 3 of the 4 big US TV... Full Story

Mountain View, California, USA Google's youTube and Walt Disney Inc. have been reported to be close on a deal to distribute short-form videos from its ABC and ESPN networks on youTube using a shared ad-revenue arrangement.  The agreement would allow Disney to sell ads for the videos and then share some of the revenue with Google. The competition: Hulu Disney seems to be separately working an agreement with rival site Hulu to put full episodes. It also said Disney was talking separately to... Full Story