We review the historical development of observations of mass loss from
hot, luminous stars, and sketch the physical principles underlying th
e theory of radiatively-driven stellar winds. The theory makes predict
ions which are shown to be in general accord with the data. We summari
ze recent results, primarily from the IUE satellite, which demonstrate
the importance of time-dependent phenomena in hot-star outflows, and
which, in particular, point to effects related to rotational modulatio
n.