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ABC and their biggest shareholder buying into 30% of Hulu

ABC is officially jumping on the Hulu bandwagon with the announcemnt of a 30% purchase in the entity.  While this is great for us Mac users who love Lost and other ABC programming, it is even better for those of us with an iPhone. 

Why?  Well Disney/ABC is buying a 30% stake in Hulu the company.  That means a certain someone who is Disney’s biggest shareholder and board member will help direct the new entity.  That might make that iPhone Hulu app something more of a reality.  Well that’s our hope anyway.  Officially:

Disney will receive three seats on the Hulu board, joining executives from NBC Universal, News Corp. and Providence. Disney said its seats will be held by Disney President and CEO[and Steve Jobs buddy] Robert Iger; Anne Sweeney, co-chair of Disney Media Networks and president of the Disney/ABC Television Group; and Kevin Mayer, executive vice president of corporate strategy, business development and technology.

 

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