Power Point: Lose the catsApril 30, 2009: 6:50 PM ET
"Advertisers have made it clear that they want a safe environment unpolluted by videos of cats on skateboards."
-- Jeff Zucker, CEO of General Electric's (GE) NBC Universal, in the New York Times. On Thursday ABC, owned by Disney (DIS), announced that it would begin showing its programs on Hulu.com, a joint venture established by NBC and News Corporation's (NWS.A) Fox. The move further casts the video site as the home of broadcast network shows on the Internet and strikes a blow to Google's (GOOG) YouTube, which is seeing a downside to unpredictable user-generated content. Though you've got to admit, a cat on a skateboard is pretty funny. --Jessica Shambora