There has been some speculation that Disney/ABC would eventually become partners with online video site Hulu, but now it is official.
Financials of the deal were not revealed and it’s still pending approval, but what this means in terms of conent is that ABC shows (Lost, Grey’s Anatomy, etc.) and Disney movies will be side by side with NBC/Universal and Fox content.
Hulu now has three of the four major networks under its belt, along with three of the major film studios.
This pretty much means that Hulu is no the de facto leader in online television, as if it weren’t already. Again, content is king.