Hulu stock to be offered soon...

We don't have cable or dish, so I watch most of the television shows I like online, either directly through the network or on Hulu. So, this piece from Wired caught my attention:

While many online video sites provide an alternative to televised fare, Hulu delivers actual television programming over the net, including a free, ad-supported service that brought in over $100 million last year and a new $10-per-month premium version that has already launched for select users, providing a greater selection of content and wider device support.

As things stand today, Hulu Premium cannot substitute for premium cable or satellite service, as its price indicates. But today’s broadband speeds are perfectly capable of providing high-definition television programming, so future versions of Hulu Premium could offer more programming at a higher price. Investors who bet on Hulu through this IPO would win big-time, if the company manages to cut cable and satellite television providers out of the equation, offering the same content that’s on televisions through a simple internet connection.