Walt Disney Co. said Thursday it had taken a stake in Hulu, the video streaming site operated by NBC Universal, News Corp. and Providence Equity Partners.
Under the terms of the deal announced today, Disney will sign on as a joint partner in the venture and will bring full-length episodes of long-absent programs like “Lost” and “Grey’s Anatomy” to Hulu.
Financial terms and the structure of the deal weren’t disclosed, but sources say Disney’s stake in the venture will be close to 30 percent.
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