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The title is very misleading. It is not saying that Justin.TV outside the US is bigger than Hulu outside the US.

The article is saying that Justin.TV (global, including the US) is bigger than Hulu (only available in the US).

That is a true statement, even if it is also worth pointing out that Hulu only reaches US consumers, so in percentage terms, it reaches a larger percent of its audience, even though it is smaller on an absolute scale to Justin.TV.

Of course, Hulu is only available in the U.S., where it is fourth most popular video site

I agree they could mention it, but i think they are trying to show a trend. The trend is what is important in this story. It shows live video on the web has an audience. Personally i use justin.tv to watch European cycling races that you can't watch in the US.