Sign up to receive our
daily summary of tech news for free.

Hulu CEO Randy Freer. Photo by Bloomberg
Exclusive
Entertainment

Hulu Tells TV Studios: Give Disney a Stake in Shows

By
Beejoli Shah
and  |  June 21, 2019 11:27 AM PDT
Photo: Hulu CEO Randy Freer. Photo by Bloomberg

In a sign of how Hulu’s programming decisions have shifted since Disney took control of the streaming service, Hulu executives have begun telling outside studios that Disney will likely have partial ownership in most shows Hulu buys, according to multiple studio executives and Hollywood agents.

In recent weeks, Hulu executives have told outside studios that in the future most of Hulu’s shows will have to originate from Disney-owned studios. But in cases where an outside studio wants to sell a show to the service, Hulu is likely to ask that one of Disney’s studios—most likely either ABC Studios or its recently acquired 20th Century Fox Television unit—be a co-producer, Hulu executives have told outside firms. As a co-producer, the Disney studio would have partial ownership and therefore share in profits from the shows long term. This is particularly significant because Hulu doesn’t yet have an international service, so the shows it buys will still be available to be sold to other outlets overseas.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Q&A Media/Telecom Facebook
BuzzFeed’s Peretti on How Pandemic Squashed 2020 Profit Hopes

At the height of the coronavirus pandemic a few months ago, advertisers owed BuzzFeed around $100 million in payments from the fourth quarter, almost one-third of the company’s revenue for last year. CEO Jonah Peretti was worried that with the businesses grinding to a halt and many companies suspending advertising, BuzzFeed wouldn’t be able to collect.

At the same time, marketers ...

Latest Briefs
 
Google Debuts Cloud Services for Large Companies
Behind the Dueling Uber Driver Pay Studies
As Apple Ruling Nears in Europe, the Wait for Amazon Antitrust Charges Continues
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Org Charts Facebook
The People With the Power at Facebook After Chris Cox’s Return
In Facebook’s upper ranks, what’s old is new again. That’s because Chris Cox, one of Facebook’s most senior executives, recently returned as chief product officer, reporting to CEO Mark Zuckerberg, after a yearlong hiatus.
Out of Office Economy COVID-19
How to Start a New Job During a Pandemic
As Twilio’s new head of human resources, Christy Lake normally would have spent her first few weeks on the job talking, lunching and generally hanging out with many of the San Francisco tech company’s 3,000 employees.
Google Facebook
Facebook, Google Ad Market Rebounds From April Bottom
Digital advertising, the main source of revenue for Facebook and Google, just finished one of its most difficult three-month stretches ever.
Exclusive Policy Asia
For TikTok, an Amazon Ban That Wasn’t, a Wells Fargo Ban That Was
It was a head-spinning day for TikTok, the hit video-sharing app. Hours after Amazon told employees to delete TikTok from their phones over security concerns, the internet giant publicly reversed its decision after a flurry of behind-the-scenes discussions between the two companies.
Exclusive Media/Telecom Entertainment
Amazon Alum’s Exit From TV Firm Shows Pitfalls for Tech Execs in Media
Amazon alumni have turned up at a wide range of digital and traditional media firms, such as Snap and Disney.
Exclusive Facebook COVID-19
Apple Reaches New Stage in Development of AR Devices
The coronavirus pandemic has disrupted key parts of Apple’s business, but it hasn’t derailed the company’s plans to build what could be its next important technology platform—augmented reality devices.