In 2019, Disney acquired 30% more shares in the platform. The company has continually grown to become the giant of live TV shows globally. Three years later in 2011, Hulu generated a massive revenue of $420 million. In 2008, the platform launched officially in the United States. Even then, they only started with beta testing to collect the experiences of the initial users. However, it was not until August 2007 that the Hulu website went live. The founders started working on the idea in 2006. The idea of establishing Hulu was informed by the need to offer the best TV series to consumers for entertainment and information purposes. This way, you can be sure that you’ll access the recent TV series at the comfort of your home. If you want to get access to the best entertainment sessions, then you should download Hulu for Android. It has numerous TV series that guarantee optimum fun for its subscribers. ![]() ![]() However, the Walt Disney Company bought shares in the company to offer recent episodes of various TV series aired by their television networks.Ĭurrently, Walt Disney Direct-to-Consumer and International is the largest shareholder. It was originally established as a partnership between NBC Universal and News Corporation. Hulu is an American-based subscription video-on-demand platform.
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