Is it possible to buy Hulu stock? If so, what options do investors have? Let’s look at Hulu and at ways to invest in Hulu.
What Is Hulu?
| Hulu: Fast Facts | |
|---|---|
| Industry | Online streaming service |
| Launch Date | October 29, 2007 |
| HQ | Santa Monica, California, USA |
| Key People | Joe Earley (President) |
| Employees | 2,500+ |
| Parent Company | Disney Streaming |
| Website | www.hulu.com |
| IPO Status | Private, Subsidiary |
Hulu is a leading US premium streaming service offering live and on-demand TV and movies, with and without commercials.
Hulu subscribers can stream different channels on two screens at a time, keep track of their favorite shows and movies, and enjoy high-quality sound and images, among other features. Hulu has an incredible array of award-winning original content. At the end of 2022, Hulu had 48 million paid subscribers.
The company was founded in 2007. At that time, the board consisted of American investment firms and representatives from stakeholders Disney, Fox, and Comcast.
In early 2019, The Walt Disney Company acquired 21st Century Fox, giving Disney a 60% majority stake in Hulu. Shortly after, AT&T sold back its own 10% stake to Disney. Disney and Comcast are now the only Hulu stakeholders. Comcast (CMCSA) owns roughly a third of Hulu and Disney owns 67%. However, Comcast announced that it had agreed to hand over its 33% stake in Hulu in the future, no earlier than 2024. Hulu’s market cap will then be determined, but Disney believes in a minimum valuation of the entire company at $27.5 billion. Disney took full control over Hulu in May 2019.
What Is Hulu Stock Price?
Hulu isn’t a publicly-traded company, so there is no stock price for Hulu.
Hulu is currently privately owned by Disney (DIS), owning 67%, and Comcast (CMCSA), owning the remaining 33%.
What Is Hulu’s Stock Symbol?
Since Hulu isn’t a publicly-traded company, there is no Hulu stock symbol.
That said, because Hulu is owned by Disney (DIS) and Comcast (CMCSA), you can look those tickers up on your broker’s website if you want to check out how those two companies are performing.
How Can I Buy Hulu Stock?
Hulu is a majority-owned business entity, so it isn’t possible to buy its stock. Instead, you can invest in its parent companies: Disney (DIS) and Comcast (CMCSA).
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Will There Be a Hulu IPO?
An IPO was planned in the past, but it didn’t go forward. It is also unlikely to happen in the future.
On the 16th of August 2010, a report revealed that Hulu was planning an initial public offering. On the 21st of June 2011, The Wall Street Journal reported that an “unsolicited offer” caused Hulu to begin “weighing whether to sell itself.” Still, in October 2011, Hulu’s owners announced that they didn’t accept any proposed offers.
Disney could spin off Hulu to shareholders in a Hulu IPO if they wanted, but that is unlikely to happen given that Hulu aligns well with Disney’s content strategy. As Disney moves more into digital content in its streaming platforms such as Hulu and Disney+, it’s unlikely they would want to lose that revenue anytime soon.
Conclusion
Even though it’s impossible to buy Hulu stock directly in the stock market, investors can instead purchase stocks from its parent companies Disney (DIS) and Comcast (CMCSA). That way, you can partially own Hulu alongside other great products from these companies.
Remember that even though both Disney and Comcast sound like safe bets it’s always a good idea to get educated and do research before buying any individual stock on your own.
FAQs
Hulu isn’t a publicly-traded company, so there is no Hulu stock price. Hulu is currently owned by Disney (DIS), owning 67%, and Comcast (CMCSA), owning 33%.
Hulu isn’t a publicly-traded company, so there is no Hulu stock symbol. Hulu is currently owned by Disney (DIS), owning 67%, and Comcast (CMCSA), owning 33%.
Hulu is a majority-owned business entity, so it isn’t possible to invest in Hulu directly. Instead, you can invest in its parent companies: Disney (DIS) and Comcast (CMCSA).
No. Hulu is a majority-owned business entity, owned mostly by Disney. Therefore, Hulu is not publicly available in the stock market.
It’s unlikely. Disney, the majority owner of Hulu, could spin off Hulu to shareholders in a Hulu IPO if they wanted, but that is unlikely to happen given that Hulu aligns well with Disney’s content strategy.
Hulu is currently owned by Disney (DIS), owning 67%, and Comcast (CMCSA), owning 33%.
