Who owns Hulu Stock?
Hulu is an American subscription streaming service. As of October 1, 2022, Hulu has a total of 47.2 million subscribers. Hulu began an advertising campaign during NBC’s broadcast of Super Bowl XLIII with an initial ad starring Alec Baldwin titled “Alec in Huluwood”. Advertisements have since aired featuring Eliza Dushku, Seth MacFarlane, Denis Leary, and…
Hulu is an American subscription streaming service. As of October 1, 2022, Hulu has a total of 47.2 million subscribers.
Hulu began an advertising campaign during NBC’s broadcast of Super Bowl XLIII with an initial ad starring Alec Baldwin titled “Alec in Huluwood”. Advertisements have since aired featuring Eliza Dushku, Seth MacFarlane, Denis Leary, and Will Arnett.
Who owns Hulu Stock?
Hulu was initially established as a joint venture between News Corporation and NBC Universal, Providence Equity Partners, and later The Walt Disney Company, serving as an aggregation of recent episodes of television series from their respective television networks.
Hulu is currently valued at about $27 billion. There is no Hulu stock price at this time because they are a privately-owned company. If they go public, the stock price will be announced at that time.
In March 2019, Disney acquired 21st Century Fox, giving it a 60% majority stake in Hulu. AT&T (which acquired Time Warner in 2018) sold back its roughly 10% stake the following month leaving Disney with 67% and Comcast with 33%. Comcast, the only other shareholder, announced on May 14, 2019, that it had agreed to cede its control to Disney, and reached an agreement for Disney to purchase its 33% stake in the company as early as 2024.
