Disney, News Corp. Discuss Hulu’s Future
News Corp and Walt Disney Co. have begun discussions about resolving uncertainty over their jointly controlled online video site Hulu, with one possible outcome being that one or the other company sells their stake.
The two companies, which each own about a third of Hulu, have each indicated at different times over the past few months their willingness to buy the other out, the people say. There is also the possibility both companies will decide to sell to an outsider, the people said.