Hulu is number two in monthly streams to YouTube, but Yahoo! has some 30 million unique monthly users, more than double the number of Hulu, Nielsen has just reported.

While Yahoo! beats Hulu in uniques, Hulu had twice the numbers of streams, some 440 million.

Nielsen reports that time spent watching videos has gone up 25 percent in September 2009 versus the the same period last year.

Last month we spoke with Yahoo! VP Jimmy Pitaro.  This is the second of our two-part series.

Andy Plesser, Executive Producer