It’s well known that people tend to invest in the stuff they use daily. Since it’s an everyday thing, we get this confidence feeling. The other day, a friend was using Hulu, and this question pop up in his head, can you buy Hulu stock?. After thinking a bit deeper, he comes to the conclusion that he didn’t even know if Hulu is on the stock market. To be honest, it’s a common question.
Hulu is a streaming service that offers a huge collection of current-season TV shows and just a few movies. With the popularity Hulu has, there’s a ton of people interest in investing in the company. So, there’s a bunch of people asking if Hulu has a stock.
Unlike Netflix, which has its own stock, Hulu is part of a bigger company. So if you’re wondering if there’s a Hulu stock and want to invest in the company, keep reading I’m going to simplify this for you.
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No, Hulu is not a publicly traded company, it’s a privately owned joint venture. This means there’s not such a thing as “Hulu stock price”, you can’t buy Hulu stock. And you can’t invest directly in Hulu. Sad enough, There are no plans for the held company to go public. But don’t worry, there’s a way to invest in the streaming service.
This leads us to the next question
In March 2019, Disney officially owns 21st Century Fox in a US$71.3 billion deal. This gave Disney a total of 60% majority stake in Hulu. While Comcast was the other only shareholder after AT&T sold its shares a month after Disney’s acquisition of Fox. Comcast announced in May 2019 that it’ll agree to give total control of Hulu to Disney. The company will buy the 33% owned by Comcast in 2024.
It’s not a secret that the popularity of Disney + is tremendous, it has taken by storm the internet and is growing every day. And since you can’t invest directly in Hulu you should not worry about the financial procedure of Hulu regarding Disney +. Nobody knows what is going to happen after Disney gets 100% of the shares after buying Comcast, but they are really different platforms.
What do I mean by this? You should focus on the Disney company stock and not thinking about Hulu as stock alone because there’s not such a thing.
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By now, you should know there’s no Hulu company stock and since Hulu is a majority-owned business, you can’t buy its stock directly. But you still can invest indirectly. Since Disney owns the majority of Hulu (67%) it’s fairly easy to invest in Hulu. All you need to do is buy the Disney Hulu stock ($DIS) or the Comcast stock.
This is not an investment advice.