Fox, NBCUniversal and Disney will maintain their ownership...
Fox, NBCUniversal and Disney will maintain their ownership positions in Hulu and recapitalize the online TV service with $750 million in additional funding to “propel future growth,” the companies said in a joint press release Friday. “We had meaningful conversations…
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with a number of potential partners and buyers,” before deciding to continue as Hulu’s owners, said Fox Chief Operating Officer Chase Carey in the release. Hulu generated $690 million revenue in 2012, and its paid premium subscription service Hulu Plus has more than 4 million subscribers, the release said.