Hulu (stylized as hulu ) is an American entertainment company that provides "over-the-top media services". It is primarily oriented towards instant streaming of television series, carrying current and past episodes of many series from its owners' respective television networks and other content partners. Hulu is owned by Hulu LLC, a joint venture with The Walt Disney Company (holds 30% stake), 21st Century Fox (holds 30% stake), Comcast (via NBCUniversal; holds 30% stake), and AT&T (via WarnerMedia; holds 10% stake). Through a proposed acquisition announced in December 2017, Disney is set to acquire Fox's partial ownership, giving it a majority stake when the deal closes on March 20, 2019.Some of Hulu's competitors include Netflix and Amazon. Previously, it was divided into free and paid tiers, with the free service limited in the amount of content accessible by users and accessible via PC only, and a paid service with a larger library of content and accessed via Hulu applications for various mobile and connected devices. The subscription service is, in turn, divided into advertising-supported and mostly ad-free tiers. In 2016, Hulu spun out its free content into a joint venture with Yahoo!