Hulu now fully owned by Disney
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Disney has agreed to pay Comcast $438.7 million to acquire Comcast's stake in streaming service Hulu. In 2023 Disney said it would buy Comcast's remaining stake in Hulu to take full ownership of the streaming service.
The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
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Disney gains full ownership of Hulu, family image at risk?Since its creation, the Disney name has been permanently associated with magical, wholesome, family-focused entertainment. To say that Hulu's content shares that same vibe would be grossly untrue.
As part of the agreement, Disney will pay an additional $438.7 million to acquire NBCU's remaining stake in Hulu, securing full ownership of the streaming platform. "We are pleased this is finally ...
Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few years. Disney said in November 2023 that it was ...