Vid-Biz: Hulu, Sports, TV Ads

Hulu to Live-stream Obama Press Conference; site will be carrying the coverage provided by FOX at 8 p.m. EST. (emailed release) (embed is below, will be active at the time of conference).

MLB and NHL Partner for Combo Subscription Package; two leagues teaming up for special promotion that gives you access to both sports online for $140. (emailed release)

Marketers Canceling TV Ads; advertisers exercising their option to back out on commercial time originally bought during the upfronts, cancellations running between 10 and 15 percent of upfront revenue — higher than the normal 7 to 8 percent. (TVWeek)

News Channels Get Into Web Series; FOX Business News Launching Live, a daily, one-hour show streaming at noon ET. (MediaWeek) CNN has its own weekly series called Freshman Year that tracks two new congressmen working their way through Washington. (The New York Times)

Hollywood Still Wants to Block Your DVR; movie studios push to limit recording options of certain broadcasts of movies. (Techdirt)