Rumor has it that the video website hulu.com is developing an iPhone app that will be released within an couple of months.

Anyone who has tried to watch any of the streaming tv apps that are currently available on iPhone has probably been fairly disappointed with what they found but if the rumors are true then we will be able to watch multiple mainstream tv shows and movies from anywhere right on our iPod or iPhone.

Hulu has many popular shows like White Collar, Monk, Stargate, House, etc.

I will post an update as soon as the tumors are confirmed.