Who Owns Hulu?
In a $71 billion-dollar deal, Disney acquired 21st Century Fox, and with that, it also doubled its stake in Hulu, bringing it from 30% to 67%, thus giving The Walt Disney Company full control over Hulu. This move enabled Disney to strengthen its position in the streaming industry further, to take over Netflix. Therefore, Hulu is part of the Walt Disney Company media empire.
More about the Hulu business model
Hulu is a subscription-based streaming platform, aggregating original TV, entertainment, and series content formats, and it distributes it across its platform. Hulu also offers linear broadcasting and cable channels, with 29 million subscribers in 2019. Hulu licenses the content through several agreements with television studios and makes it mostly available on its subscription-based platform.
More about the Disney media empire
[image error]Disney is main shareholders include Robert A. Iger, chairman and chief executive officer (CEO) of The Walt Disney Company, since 2005. Other significant individual shareholders, as of 2020, comprise Susan E. Arnold, Christine M. McCarthy, Alan N. Braverman. Significant institutional investors comprise Blackrock Inc. with 5.1% and The Vanguard Group with 5.9% respectively.
[image error]It would be hard to argue the case for a more recognizable entertainment brand than Disney. Disney is of course synonymous with Walt Disney, but it was Walt and his brother Roy who started the company in 1923 in Burbank, California. Disney content is now broadcast on over 100 channels in 34 different languages across the globe.
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