featuring Eliza Dushku, Seth MacFarlane, Denis Leary, and Will Arnett. In July 2007, Providence Equity Partners, the owner of Newport Television, became one of the earliest "outside" investors by purchasing a 10 percent stake in the company for US$100 million equity investment, before the company was known as "Hulu". With its investment came a seat on the board of directors, where Providence was said to act as an "independent voice on the board". In April 2009, The Walt Disney Company joined the Hulu consortium as a stakeholder, with plans to offer content from ABC, ESPN and Disney Channel. Multiple joint ventures (2010–2019) Early in 2010, Hulu chief executive Jason Kilar said the service had made a profit in two quarters and that the company could top $100 million in revenue by summer 2010, more than its income for all of 2009. ComScore says monthly video streams reached 903 million in January 2010, over three times the figure for a year earlier, and second only to YouTube. On August 16, 2010, a report revealed that Hulu was planning an initial public offering (IPO) which could value the company at more than $2 billion. On June 21, 2011, The Wall Street Journal reported that an "unsolicited offer" caused Hulu to begin "weighing whether to sell itself". However, on October 13, 2011, Hulu and its owners announced that they would not sell the company, as none of the bidders offered an amount that was satisfactory to its owners. In September of that year, the service launched in Japan; marking Hulu's first international expansion. Hulu generated $420 million in revenue in 2011, $80 million short of the company's target. The vacant CEO post was officially filled by former Fox Networks President Mike Hopkins on October 17, 2013. In October 2012, Providence sold its 10 percent stake to "Hulu's media owners" and ceased participation in the board. On February 27, 2014, Nippon Television Network Corporation acquired Hulu's Japanese business. The service would retain the "Hulu" brand and technology in Japan under a subsidiary of Nippon as part of a separate agreement. On August 3, 2016, Time Warner acquired a 10 percent stake of Hulu. On April 15, 2019, AT&T (via WarnerMedia) sold its 9.5% stake in Hulu back to the company for $1.43 billion, in order to shift its focus to its own service, HBO Max. Hopkins exited and was named Sony Pictures TV Chairman.