Report: Disney Eyes Hulu Alliance

BURBANK: The Walt Disney Company is negotiating to take a stake in Hulu, the online TV venture from NBC Universal and News Corporation, according to the Los Angeles Times.

With the equity investment, Disney would make ABC shows available on Hulu, which attracted some 34.7 million viewers in February, a 42-percent gain. The newspaper reports that with an investment, Disney would own 30 percent of the venture, as would News Corp. and NBC Universal, with Providence Equity Partners retaining a 10-percent interest.