Hulu is run by and for a tv company. It owns (as in owns the copyright on) all the content it displays. It does not accept uploads from Joe Public. Its basically an online arm for NBC. It controls the content and the viewership (appears to be US only).

Youtube is run by google for the public at large. It does not own the copyright on much if any of its content. Most of its uploads are from Joe Public - certainly all of it from external sources. Its basically a searchable clip show for all of online humanity.

People go to youtube to upload and watch videos of everything under the sun - not just NBC sponsored tv and videos. You want Youtube to become another tv station. Google wants it to stay open and free to the masses. What you are suggesting sounds like possibly good business sense, but sounds like it runs completely away from its current model of being a free for all for the public. The fact that you're not seeing that shows how cut off business types are from the common man - all money, no humanity.

Verrrry danceable!