<div class="quote_poster">Quote:</div><div class="quote_post">"Why Hulu?" asks Kilar, referring to the site's name. "Objectively, Hulu is short, easy to spell, easy to pronounce, and rhymes with itself. Subjectively, Hulu strikes us as an inherently fun name, one that captures the spirit of the service we're building. Our hope is that Hulu will embody our (admittedly ambitious) never-ending mission, which is to help you find and enjoy the world's premier content when, where and how you want it." Hulu also sounds uncannily similar to the name of YouTube's omnipresent owner, Google which has found its way into the lexicon of the English language amid the company's spectacular rise as the Web search engine of choice for the masses. Hulu is expected to show full episodes of smash hit TV shows from News Corp.'s Fox network, like 24 and American Idol, as well as those from GE's NBC, like Heroes and Saturday Night Live.</div> Source: TheStreet.com http://hulu.com/index.html
I doubt anyone will be able to compete with YouTube when it comes to what YouTube does. But sending shows live or full TV-programs with high resolution would definetly draw people to it. Here is another link for free TV: http://www.channelchooser.com/