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You must have heard all the hype about Hulu by now.  How it gives you the ability to watch your favorite shows online, any time you want.  How it’s easy to use, and so convenient.  How it is—(drum roll here)—FREE.

Granted, there are several different places you can go to watch different television shows, but, I’ve found that for reliability, Hulu is really way up there.  Now, I know my title said TEN reasons, but, I couldn’t knock it down to just ten.  So I’m going with eleven reasons to Hulu.  I know, what a rebel.

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Looking for the next video format war?  It might be in the last place you want it: movie theaters.  Sony announced Thursday that has teamed up with Twentieth Century Fox and Paramount Pictures to promote the new Sony-developed digital projection setup.  This came only a day after five major studios including Twentieth Century Fox and Paramount Pictures as well as Walt Disney Motion Pictures, Universal Studios and Lionsgate Films were announced to be part of a deal with Digital Cinema Implementation Partners (“DCIP”) to expand digital screens.  The DCIP deal would try to upgrade 20,000 screens across the U.S. and Canada, while the Sony deal has plans to use put its system into 9,000 screen across North America, Europe and Asia.

According the to most recent MPAA numbers from 2007, just under 5,000 screens across the U.S. use digital systems, with 6,455 screens worldwide.  Both deals want to increase that number, but it might get a bit tough if there are multiple proprietary formats.  The last thing we need is another format war.  More after the break.

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It looks likes rumors are going around the Internet about the possibility that Digg.com could be bought out by News Corp., or at least they are in acquisition talks. It seems that our current Web 2.0 Bubble is nearing its end and about to pop with all of these big names buying up these buzz word based startups. So far it looks like the biggest buys have been News Corp. and their purchase of MySpace and Googles buyout of YouTube.

It’s hard to say who will be next in this round, there are only a few contenders left to be bought and the big names are on the prowl to buy them. Hopefully we will not have to see Digg commercialized to that point, their current advertising framework is perfect and I can easily see Mr. Murdoch and his marketing team turning Digg into an advertising engine. Not to say MySpace was god awful before News Corp. purchased them, it just seems to have gotten worse.

Rumors have it that Digg is asking a minimum of $125 million according to Mike Arrington, who has been on top of all the board-room-rumor-mill-news lately. It seems that his crack team of insiders feed him with some of the best breaking merger stories available. We will follow this story and see if it turns into BS or into full on Bubble 2.0.

Read [TechCrunch]

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Sections: Tech News, Web, Web 2.0, Websites