Uhm...
Disney was involved in the original launch of Hulu back in 2007.
And has been the majority owner of Hulu since 2019.
I knew that before I signed on to Hulu +Live last year to replace my Verizon FIOS TV, which had gotten just insanely expensive. By going to Hulu +Live I'm getting all of the local channels that I had with Fios (plus a couple that Verizon moved to higher end packages), I'm getting Hulu and Disney content (yeah, I like the Star Wars stuff, sue me) and I'm paying almost 70% less than what I was paying for Verizon TV.