5 Most Successful Joint Ventures In America

Hulu

An American provider of on-demand video, Hulu is a joint venture that was launched in 2008 and is currently owned by Walt Disney Co (NYSE:DIS)Twenty-First Century Fox Inc (NASDAQ:FOX), and Comcast Corporation (NASDAQ:CMCSA), which hold 30% each, and Time Warner Inc (NYSE:TWX), which owns a 10% stake. Hulu provides content from channels owned by its parent companies and is engaged in producing original content. Access to a lot of content is what allows Hulu to compete with other on-demand providers, such as Netflix, Inc. (NASDAQ:NFLX), although the latter has a wider reach due to its international expansion.

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ibreakstock/Shutterstock.com