Hulu is a digital subscription video-on-demand and over-the-top media platform wholly owned by The Walt Disney Company through its Disney Direct-to-Consumer division, headquartered in Los Angeles, California. Founded in March 2007 as a joint venture between media conglomerates including NBCUniversal, News Corporation (21st Century Fox), Providence Equity Partners, and WarnerMedia, the company employs approximately 2,800 individuals and reported $10.9B in revenue as of 2025. The service launched publicly in March 2008, functioning as a digital streaming studio and television aggregation network, and has since undergone structural centralization, transitioning from a shared industry consortium to full Disney control following the acquisition of 21st Century Fox and the multi-billion dollar buyout of Comcast’s remaining minority stake.
On September 9, 2026, Disney outlined its corporate strategy to enhance the Disney+ streaming platform by incorporating Hulu user profiles, live TV functionalities, and eventually Hulu free ad-supported streaming television (FAST) channels to drive user retention and reduce churn across its portfolio. This announcement came as U.S. streaming services, including those emphasizing ad-supported tiers, collectively increased the average number of ad minutes per hour by 18% between January and August 2026, according to Ampere Analysis data. Previously, on August 14, The Design Network renewed its multi-year deal with Hulu, while concurrently shifting its strategy to build a creator-focused model around designers and home-and-lifestyle personalities. On August 13, Disney+ and Hulu also announced a video podcasting deal with iHeartMedia for six iHeartPodcasts titles, with the series "Hey Jonas!" beginning to stream on both platforms on August 14.