Briefly: Disney has recently bought into Hulu, one of the most popular video streaming sites on the internet. As of right now Disney, NBC, and News Corp all own around 27% of Hulu, with the rest falling in the hands of a private equity firm.
What does this mean to you?
Well, now Hulu will include Disney/ABC movies and TV shows for you to stream straight to your computer.
I am guessing that this inclusion of Disney into Hulu will further increase its ever-rising popularity on the net. Watch out YouTube.
Source: The Washington Post