Beijing - Hulu, the online video distribution joint venture between News Corp. and NBC Universal, has made its first acquisition, buying video distribution firm Mojiti for around $10 million, TechCrunch reported, citing a source with knowledge of the deal.

Neither company has officially confirmed the deal.

Mojiti is a privately-held U.S. company, with all operations currently in Beijing, China. The company currently offers a free video-sharing service for consumers.

News Corp. and NBC Universal have said they plan to launch a trial of their Hulu service in October.

Related Links:
http://tinyurl.com/ytzq3h (TechCrunch)

http://www.hulu.com

http://www.mojiti.com