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    Hulu could play a key role in Disney's plan to take on Netflix

    by Ryan Faughnder, Meg James and David Pierson, Los Angeles Times Dec 16, 2017 5 minutes

    In the burgeoning business of streaming television shows, Hulu has long been viewed as the distant runner-up to Netflix.

    But with Walt Disney Co. poised to take a controlling stake in Hulu, the little 10-year-old streaming service once known solely for airing reruns of broadcast shows online could eventually become a credible threat to Netflix's dominance.

    Disney would own 60 percent of Hulu if its proposed $52.4 billion purchase of 21st Century Fox is approved by regulators. Hulu is currently equally owned by Fox, Disney and Comcast, each of which has a 30 percent stake. (Time Warner owns the other 10 percent.)

    If Disney's acquisition of Fox closes in 2019, Hulu is expected to become a pillar of Disney CEO Bob Iger's strategy to take on

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