I guess there is little else to explain than what the picture already explains, but allow me to restate it.
Hulu announced that it is starting up the Hulu Plus program, a premium service to stream HD quality video (usually in the form of popular television shows) to viewers not only on PCs but also IPhone/IPad, Samsung Blu-Ray players, and eventually PS3 and Xbox 360.
This premium service, priced at $10 a month, still contains ad content, but hopefully to a lesser extent. The service is currently invite-only, but that will either change, or we'll be having another Google Wave situation.
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