Hulu is an American subscription video on demand service owned by Hulu LLC, a joint venture with Disney-ABC Television Group (Disney)[30%], Fox Entertainment (21st Century Fox)[30%], NBCUniversal (Comcast)[30%], and Turner Broadcasting (Time Warner)[10%]. It is primarily oriented towards television series, carrying current and past episodes of series from its owners' respective television networks and other content partners.
In August 2016, Hulu spun out its free content into a joint venture with Yahoo called Yahoo! View. Hulu then established two subscription tiers..Limited Commercials and No Commercials, and also announced that it intends to launch a live television streaming service some time in 2017 that will blend live TV with streaming.