Disney to Maintain Stake in Hulu; Will Join $750 Million Cash Infusion

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.

Launched in 2008, Hulu is now a leading aggregator of premium online television content from over 400 content partners, and has achieved more than 30 million monthly unique visitors.

‘Hulu has emerged as one of the most consumer friendly, technologically innovative viewing platforms in the digital era. As its evolution continues, Disney and its partners are committing resources to enable Hulu to achieve its maximum potential,’ said Robert A. Iger, Chairman and CEO, The Walt Disney Company.

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ABC News to Begin Offering Content on Hulu

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.”

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Disney to Soften Your Brain on Hulu with Current and Classic ABC Shows, Soaps, Disney Channel and More!

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.

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