Analyze the relationship between 'Viacom' and 'broadcasting' within the context of the input sentence.
Options: employer, industry, subsidiary, developer

Online TV streaming service Hulu, which is a joint venture of Comcast Corp.'s CMCSA, +0.02% NBCUniversal, 21st Century Fox's FOXA, +0.43% broadcasting company and The Walt Disney Co.'s DIS, +0.30% took a big step in the content wars over the weekend, by nabbing a content deal with Epix--owned by MGM Holdings Inc.'s MGMB, -0.32% MGM Studios, Lions Gate Entertainment Corp. LGF, -0.48% and Viacom Inc.'s VIA, +4.82% Paramount Pictures.
industry