Disney to buy a nearly one-third stake in Hulu
Posted By RichC on April 30, 2009
Since I’ve posted a couple times about the online “web-video aggregator” Hulu.com, the latest news that Disney has reached a deal to buy a significant share of the company and put full episodes of its ABC TV shows on the site is pretty big news. The advantage for Hulu is that Disney will invest capital and marketing dollars as the Internet continues to grow in an audience who chooses to get their television programing online. (READ the Hulu Blog)
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