Hulu is currently owned by The Walt Disney Company. It was initially established as a joint venture involving several companies, including News Corporation and NBCUniversal, along with Providence Equity. However, over time, Disney has taken a more significant role in the ownership and operation of Hulu oai_citation:1,Hulu – Wikipedia.

Hulu was launched on October 29, 2007, as a joint venture between several major media companies including News Corporation, NBC Universal (now NBCUniversal), and later The Walt Disney Company, along with Providence Equity. The platform was designed to serve as an aggregation of recent episodes of television series from their respective television broadcasting networks. Hulu represented a significant shift in the way media was consumed, moving away from traditional television viewing towards online streaming. The service was one of the first of its kind, offering both a free, ad-supported tier and a premium subscription model.

Initially, Hulu focused on streaming episodes of television shows from its founding partners and other networks. However, over time, it expanded its offerings to include a wider range of content, including movies, documentaries, and its original content. In recent years, Hulu has become known for its original programming, producing critically acclaimed series and films.

Ownership of Hulu has shifted over time, with Disney eventually taking a controlling interest. This transition was part of broader media industry trends, with companies seeking to strengthen their digital and streaming capabilities in response to changing consumer preferences. Today, Hulu continues to be a key player in the streaming landscape, offering a wide range of content to viewers in the United States oai_citation:1,Hulu – Wikipedia.