How Disney’s Stake in Hulu Will Double after the Fox Deal
Among the assets it’s acquiring, Disney will buy Fox’s stake in Hulu, one of the most popular video streaming service providers and one of Netflix’s rivals. Hulu is owned by four different companies: Fox, Comcast (CMCSA), and Disney each own 30% of the online video service, while Time Warner (TWX) owns a 10% stake in Hulu.