Sunday, May 3, 2009

Disney Buys Into Hulu

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

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