Hulu Eyes Global Expansion
Hulu is stepping up its global initiatives to compete for audience and advertising dollars overseas.
On Monday, the video-streaming site added Johannes Larcher to its executive ranks as senior vice president of international. Mr. Larcher must work with each content provider to negotiate international rights for each video. Hulu has more than 130 content providers and 1,100 TV programs and movies, and its library continues to grow.
Certain snippets of content are already available outside the U.S. Tuesday evening’s news conference with President Barack Obama, for example, will be streamed internationally.
Hulu is a partnership between General Electric’s (GE) NBC Universal and News Corp. (NWS), owner of Dow Jones, which publishes The Wall Street Journal.
In international activities, Hulu trails behind Joost, an independent start-up competing in the premium online content space. Joost has a localized site for the U.K. and is viewable around the world, though content availability varies from country to country.