Disney takes control of Hulu and has a deal for Comcast’s share

Walt Disney Co. and Comcast Corp. jointly announced Tuesday that Disney would take operational control of the streaming video site Hulu and that they’d struck a deal under which Disney would purchase Comcast’s 33% share. Under the agreement, Comcas…

Walt Disney Co. and Comcast Corp. jointly announced Tuesday that Disney would take operational control of the streaming video site Hulu and that they’d struck a deal under which Disney would purchase Comcast’s 33% share.

Under the agreement, Comcast can require Disney to buy its interest in Hulu...