When Hulu was launched in 2007, it was a streamed kick to the shins to the cable industry. Many network websites had been offering streaming versions of their television shows, but Hulu would combine all of those together, and offer shows from ABC, Fox, and NBC, with ads for free. Dominating the internet with legal streaming of television programs for free, Hulu stood to even make a dent in YouTube and Netflix. Now, almost four years later, Hulu may be screwed.