Disney Now Part Owner Of Hulu

This is just a taste of things to come I think. The Hollywood Reporter reports that Disney has indeed now bought into part ownership of the popular video streaming site Hulu.

After weeks of speculation, The Walt Disney Co. on Thursday announced that it has joined NBC Universal, News Corp. and Providence Equity Partners as a joint venture partner and equity owner of video content aggregator Hulu.

Under the deal, which is subject to regulatory approval, Hulu will offer full-length episodes of current and library Disney TV programs such as “Lost,” “Grey’s Anatomy,” “Desperate Housewives,” “Private Practice,” “Ugly Betty,” “Scrubs,” “Greek,” “Hope & Faith,” “Less than Perfect,” “Wizards of Waverly Place,” “Phineas and Ferb,” “Who Wants to Be a Millionaire,” “General Hospital,” “The View” and “The Secret Life of the American Teenager,” which will be streamed on an ad-supported basis.

Methinks the day of scheduled TV watching are beginning to draw to a close. It started with TiVo and DVRs, then iTunes… now there are tons of channels for TV (and movie) content. Hulu is one of the better services, and with the studios buying into these sorts of services it’s only a matter of time now. TV is entering it’s final days.

It will be interesting to see how this sort of thing will effect movies. I’ve always argued that the movie going experience is unique from television, and I still believe that. These new trends will undoubtedly have an effect on the movie world… what is yet to be seen is what KIND of effect and to what extent.

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