Infopirate.org

Hulu may knock YouTube from its perch as the top-rated video website.

If Hulu pulls ahead in 2010 or so, it will underscore the value of professional programming over amateur offerings and will pose a setback to Google’s (GOOG) apparent plans to conquer the world. Hulu is owned by News Corporation (NWS) and NBC Universal (GE).

But more than that, Hulu’s ascendancy shows that traditional media companies can turn a profit online without giving up control of the content as the recording industry did with iTunes, the Financial Times reports.

Hulu has quickly become one of the leaders in online video. Providing professional content from major networks and movie studios, the site has welcomed millions across the U.S. who want to watch streams of their favorite shows or movies online.

Hulu, the online video service that allows you to watch many of your favorite television shows and even some full-length movies, has been available for about a year now. Leading up to its launch, some wondered how the company would manage the challenges anyonline video site faces, including issues of copyright and creating a sustainable ad model.

Tips on how to record video from Hulu and recommend you the best Hulu recorder to record Hulu video, TV and Music.

When cable eventually dies, websites like Hulu will be held responsible.