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 July 21, 2026, details emerged regarding Hulu + Live TV's offering, which includes news, sports, and entertainment channels. Plans priced at $90 per month or more bundle Disney+, Hulu, and ESPN Select without additional charges. This follows a July 17, 2026, discussion highlighting Disney's full buyout of Hulu in 2025, presented as an example of how commercial conflicts in joint ventures can prompt restructuring or consolidation. Previously, on July 15, 2026, leaked internal planning documents and employee accounts described a potential multi-phase migration that could eventually lead to Hulu's technology being shut off, despite Disney's public statements of "no current plans to sunset the Hulu app."
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