Hulu

It is primarily oriented towards instant streaming of television series, carrying current and past episodes of many series from its owners' respective television networks and other content partners. Some of Hulu's competitors include Netflix and Amazon. Previously it was divided into free and paid tiers, with the free service limited in the amount of content accessible by users and accessible via PC only, and a paid service with a larger library of content and accessed via Hulu applications for various mobile and connected devices. The subscription service is, in turn, divided into advertising-supported and mostly ad-free tiers. In 2016, Hulu spun out its free content into a joint venture with Yahoo! called Yahoo! View and launched a live television streaming service on May 3, 2017.

Question: are hulu and netflix owned by the same company
Answer: no