Burke noted that NBC has been "careful not to put too much cable content on the Internet." Comcast CEO Brian Roberts emphasized further that Comcast has no intent to "crush [Hulu] like a bug." It's worth mentioning that NBCU is only one of two other studios (ABC and Fox) with a stake in Hulu, so it can't determine the site's fate outright. Roberts also said that a Hulu subscription model isn't in the cards -- but time will tell.
As reported yesterday, under the agreement, NBCU will be owned 51% by Comcast and 49% by GE. The deal is subject to closing conditions, and could take a year or longer before completion. Read Comcast's rundown of the transaction here, and a great interview conducted by All Things Digital here.