Interestingly Disney was not an original partner of Hulu and was late to the game. ABC was added several years into Hulu's history. The original partners were GE (before they sold NBC Universal to Comcast), News Corporation (Fox), and a private equity firm. That Hulu did not just become Peacock (or really that Comcast didn't need to create Peacock because it might have already majority owned Hulu in that alternate timeline) and is now a Disney property is a fascinating story in GE's mistakes, Disney's ambitions, and Hulu's seeming lack of ambitions, with a soupçon of the usual private equity meddling.
You're right about Disney not being original, I was wrong about that. But they became a partner two years into its existence. I don't know if I'd call that late to the game.
