Disney to take full control over Hulu

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    ZLoth
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    From CNBC:

    Disney to take full control over Hulu, Comcast has option to sell its stake in 5 years

    Disney will take “full operational control” over Hulu from Comcast, effective immediately, the companies announced Tuesday.

    Comcast also will be allowed to sell its 33% stake in Hulu to Disney in 2024 at a valuation of at least $27.5 billion, even if the streaming service is worth less, according to the agreement. Comcast is guaranteed at least $5.8 billion for its Hulu stake, according to the agreement.

    FULL ARTICLE HERE


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