(Newser) -
The beta version of Hulu, a new online video venture between NBC and News Corp., launches this week. Challenging YouTube, the service allows users to embed and share existing video, but won’t support user-generated content. Instead, Hulu will focus on distributing ad-supported versions of movies and 90 NBC and Fox TV shows through deals with AOL, Comcast, MSN, MySpace, and Yahoo.
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