The thing that hackers (pg included) fail to understand about video online is that there is no first mover advantage. There's no network effects. There's little

The thing that hackers (pg included) fail to understand about video online is that there is no first mover advantage. There's no network effects. There's little if any brand loyalty. It's about IP ownership of popular content. Who cares if YouTube is big? Without the rights to the most popular content, they're stuck trying to make money out of dog weddings and tearful tirades about Britney with 13 hours of additional low quality crap uploaded every minute. The content owners who setup Hulu are under no pressure from them whatsoever. Google paid $1.65 billion for YouTube. It has never made a cent and its running costs are now equivalent to a small airline. Really, this is a no brainer. Shareholders should be asking for someone's head on a platter.