Disney joins NBC and News Corp. with Hulu stake

April 30, 2009

(AP) -- The Walt Disney Co. is taking a stake in Hulu.com. This means titles from The Walt Disney Studios library of films and full-length episodes of ABC television shows will join the online video site.

Disney joins NBC Universal, News Corp. and private equity firm Providence Equity Partners, who own Hulu in a .

Disney said Chief Executive Robert Iger, Disney/ABC Television Group President Anne Sweeney and Kevin Mayer, a Disney senior vice president, will join Hulu's board.

Financial terms were not disclosed.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Starz Sues Disney TV Arm Over iTunes Deal

Related Stories

Hulu.com lets you legally watch premium video content

February 27, 2009

Most of us don't watch television the way we did just a few short years ago. Back then, we had to watch TV shows when they were aired, a slave to the broadcasting schedule whim of the networks.

YouTube, Disney close to deal: WSJ

March 30, 2009

Google-owned YouTube and Walt Disney Co. are close to finalizing a deal to distribute videos from Disney properties on the video-sharing website, The Wall Street Journal online reported on Monday.

Recommended for you

Roboticists learn to teach robots from babies

December 1, 2015

Babies learn about the world by exploring how their bodies move in space, grabbing toys, pushing things off tables and by watching and imitating what adults are doing.

Xbox gaming technology may improve X-ray precision

December 1, 2015

With the aim of producing high-quality X-rays with minimal radiation exposure, particularly in children, researchers have developed a new approach to imaging patients. Surprisingly, the new technology isn't a high-tech, high-dollar ...

Making 3-D imaging 1,000 times better

December 1, 2015

MIT researchers have shown that by exploiting the polarization of light—the physical phenomenon behind polarized sunglasses and most 3-D movie systems—they can increase the resolution of conventional 3-D imaging devices ...

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

not rated yet May 06, 2009
Sweet!!!!!!! I love Hulu.com. I can not afford cable nor sat services. So I love Hulu and all the news online. Thank you Disney and Hulu!!!!!!

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.