They're modifying a legal document, one of the most detail-focused creations *ever. If they only wanted it to apply to live TV programs, they absolutely could have. When people (or corporations) show you who they are, believe them.
It's... an excerpt, provided by Hulu from the full document, saying what they are allowing themselves to do with our money. It doesn't have to be the entire EULA, word-for-word...