Disney is a co-owner of Hulu, alongside News Corp and NBC.
News Corp. recently signed a new agreement with Hulu and Disney's is expected to be almost identical.
Recently, it came to light that there are potential bidders for the site, including Yahoo, and that the Board of Directors may be willing to sell the company. By having its main components re-signed, Hulu is more attractive to any buyer.
Written by: Andre Yoskowitz @ 26 Jun 2011 21:09