Who owns Hulu?

Hulu, the subscription-based streaming platform, was founded in 2007 with joint ownership by a group of media companies — including 21st Century Fox, Comcast, and CNN’s former parent company Time Warner. In recent years, those companies have begun to focus on their respective streaming platforms.

Is Hulu a good investment for Disney?

But Hulu has been a bright spot in Disney’s media empire as it works to quickly make streaming profitable and capture a large subscriber base lured by its vast entertainment library. “I’ve now had another three months to really study this carefully and figure out what is the best path for us to grow this business,” Iger said on a May earnings call.

Will Hulu be sold in 2024?

Wednesday’s deal brings to an end long-running speculation about the fate of Hulu, but still requires an appraisal process that is expected to be completed in 2024 to further assess the streaming service’s fair value before a final sale price tag is agreed upon.