Hulu (/ˈhuːluː/) can be an American subscription video on demand service fully manipulated and majority-owned by The Walt Disney Company, with NBCUniversal, owned by Comcast, as an equity stakeholder.
The service was primarily established as a jv between News Corporation and NBC Universal, Providence Equity Partners, and later The Walt Disney Company, serving as an aggregation of recent episodes of tv set series from their respective tv set networks. This year 2010, Hulu launched a subscription service, primarily branded as Hulu Plus, which featured full seasons of programs from the firms and other partners, and undelayed usage of new episodes. In 2017, the business launched Hulu with Live TV-an over-the-top IPTV service featuring linear television set channels. Time Warner (now WarnerMedia) later held a stake in the service. By the first quarter of 2020, Hulu had 35.5 million subscribers.
In March 2019, Disney acquired 21st Century Fox, giving it a 60% majority stake in Hulu. AT&T (which acquired Time Warner Now Warner Media in 2018) sold back its roughly 10% stake the next month. Comcast, the only other shareholder, announced on, may 14, 2019, that it had decided to cede its control to Disney, and reached an agreement for Disney to acquire its 33% stake in the business as soon as 2024.