Hulu brings together a large selection of videos from more than 90 content providers, including FOX, NBC Universal, MGM, Sony Pictures Television, Warner Bros. and more. Users can choose from more than 850 current primetime TV hits such as The Simpsons, The Daily Show with Jon Stewart and The Office the morning after they air, classics like Buffy the Vampire Slayer, The A Team, Airwolf and Married...with Children, movies like Men in Black, Ghostbusters, and The Karate Kid, and clips from Saturday Night Live, Friends and other popular TV shows and movies.
R-rated and TV-MA content is available unedited but only for registered users.
For those, who are curious what “Hulu” means The name Hulu comes from a Mandarin Chinese proverb, in which it means holder of precious things, which is probably true at some extent.
Video presentation (note that now the site is already open for the general public with no restrictions):
Hulu.com - Best Tech of 2008