Hulu Investor Injects $50 Million Into Baidu's Online Video Venture, Qiyi - washingtonp... - 1 views
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anonymous on 26 Feb 10Hulu investor Providence Equity Partners is pumping $50 million into a new online video company set up by Chinese Internet search giant Baidu. The news comes roughly 7 weeks after Baidu confirmed plans to established a new independent company to provide licensed, advertising-supported online video content to Chinese Internet users.