Disney Gains Full Control Of Hulu In Deal With Comcast, Cementing Streaming Strategy

Disney and Comcast announced today that Disney will assume full operational control of Hulu, effective immediately. In return, Disney and Comcast entered into a “put/call” agree regarding NBCUniversal’s 33% ownership interest in Hulu. The d…

Disney and Comcast announced today that Disney will assume full operational control of Hulu, effective immediately. In return, Disney and Comcast entered into a “put/call” agree regarding NBCUniversal’s 33% ownership interest in Hulu. The deal puts a minimum future valuation on Hulu of $27.5 billion. Reporters gathered in New York for the Disney upfront press […]