Disney shakes hand with Hulu

Walt Disney Company officially announced that it is becoming an equity partner in Hulu. Disney, through a subsidiary of ABC Enterprises Inc., will join NBC Universal and News Corp. as an investor and content provider. Full-length episodes from ABC primetime, ABC Family and SOAPnet will be added to Hulu’s content library, as well as classic ABC shows and select shows and movies from The Disney Channel. Essentially, ABC.com’s streaming content will be coming to Hulu.

Including ABC, three of the four major US television networks are now partners in Hulu.