21st Century Fox, NBCUniversal and The Walt Disney Company (NYSE: DIS) today jointly announced that they will maintain their respective ownership positions in Hulu and together provide a cash infusion of $750 million in order to propel future growth.
ABC News today announced that ABC News programming from its platforms and shows will be featured on a branded page on Hulu, an online video service. The site will feature short form news content and long form programming from morning to night — including “Good Morning America,” “World News with Diane Sawyer,” “Nightline,” “This Week,” “20/20? and “Primetime” limited series.
“We’re happy to be able to provide our audience with another way to watch ABC News,” said David Westin, President, ABC News. “We look forward to sharing our reporting with users on one of the top video destinations on the Internet.”
LOS ANGELES — Hulu and The Walt Disney Company today announced that Disney, through a subsidiary of ABC Enterprises Inc., has agreed to join NBC Universal, News Corporation and Providence Equity Partners as a joint venture partner and equity owner of Hulu, a leading online aggregator of video content. Upon closing, the agreement will enhance Hulu’s programming line-up through the expanded online distribution of Disney’s most popular current and library primetime series and library feature films. In particular, full-length episodes of hit current and library programs like Lost, Grey’s Anatomy, Desperate Housewives, Private Practice, Ugly Betty, Scrubs, Greek, Hope and Faith, Less Than Perfect, Wizards of Waverly Place, Phineas and Ferb, Who Wants To Be A Millionaire, General Hospital, The View and The Secret Life of the American Teenager will soon be streamed on Hulu on an ad-supported basis.
paidContent.org reports on Disney’s talk with Google to provide content for YouTube and also provides an update on just what the Hulu deal would consist of. Article here.
paidContent.org is citing sources that indicate Disney is in ‘serious’ negotiations with Hulu to provide ABC television content through the website predominantly owned by NBC Universal and News Corp (i.e., NBC and FOX). Article here.