One of the most closely watched races in online video the past two years has been between Hulu and YouTube, and it appears Hulu has just earned some bragging rights.
In a New York Times interview, Hulu CEO Jason Kilar said the streaming video service has posted profits in two quarters (though he provided few details). Kilar also said that revenue surpassed $100 million in 2009.
Profits are a significant benchmark for the company, jointly owned by News Corp., NBC Universal, and Disney. Two years ago, Google's YouTube reigned over online video nearly unchallenged. YouTube employees snickered at the … Read more