Hulu Plans China Entry

Tencent Tech, 6/04/10

In a speech at Tsinghua University in Beijing yesterday, Hulu CEO Jason Kilar said Hulu plans to eventually launch services in China, and is currently considering allowing users to upload videos. Hulu has already established an R&D team in Beijing.

Kilar reportedly also met secretly with Victor Koo, CEO of Youku; Gong Yu, CEO of Baidu's (Nasdaq: BIDU) Qiyi; Lv Wensheng, CEO of Joy.cn; and the China head of Providence Equity Partners on June 2 in Tsinghua University's Science & Technology building. The group compared and contrasted their respective video site models with Hulu's, and discussed the Chinese video market and users.

Editor's Note: For more background on this topic, please see "Rumor: Hulu CEO to Meet with Chinese Video Sites" MD 6/01/10 issue.

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