By John C Abell
Disney has reached a deal with Hulu to buy a nearly 30 percent stake in the red-hot video service and put
full episodes of ABC shows on the site, the Wall Street Journal is reporting (subscription).
Under the terms of the arrangement, Disney would pump a similar amount of capital and marketing funds as NBC and News Corp., which started the venture in March last year with an initial investment of about $100 million, the WSJ reported, citing people familiar with the matter.
Spotted here