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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.
Hulu is owned by studios. It was a joint venture between ABC, NBC, and Fox. After Disney(ABC) bought Fox, Comcast(NBC) sold its share to Disney.