Disney owns Hulu (or a partnership in it).They are a fairly independent company but do have a strong affiliation with John Malone's Liberty Media group. Disney uses them as a pay-tv distributor and since the mouse already owns a pretty good distribution platform for basic cable type programming from the ABC Cap Cities purchase, this is just a bit of "icing on the cake". As far as a purchase goes, yeah I guess it wouldn't hurt but the future of film distribution isn't in pay cable channels as we know them. Now a Netflix kind of thing/purchase...now we're talking.
Really?! Wow. Well, they don't own 100% of those networks. They have a partnership stake in them. I'm not sure how much, though. Hearst Broadcasting is also a partner in Lifetime, A&E, and ESPN.Had no idea Disney has ownership in E! Or Lifetime?!?
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