The launch of two streaming services; Netflix and Hulu. All on today’s On This Day from TEST Huddle.
1998 – Netflix is Incorporated
The online DVD rental company Netflix is incorporated in the U.S. The company was founded by Reed Hastings. The company will begin operations on 14th April 1998. Netflix will continue to offer dvd rentals up to the present day but with online streaming become the main part of the business.
2007 – Hulu Launched
On this day in 2007, another streaming service is launched. In the United States, NBC Universal and News Corp establish the Hulu streaming video website. AOL, MSN, MySpace, and Yahoo! come on board as “initial distribution partners.” Hulu offers content from various U.S. cable channels, including: Bravo, Comedy Central, E!, FOX, Fuel TV, FX, G4, NBC, Oxygen, PBS, Sci Fi, SPEED Channel, Style, Sundance, USA Network, and Versus. The site is publicly launched in March 2008.
