Disney has full control of Hulu

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BURBANK, California, USA UU. – Disney reported Tuesday that it immediately took total control of Hulu, expanding its reach into streaming services.

NBCUniversal now owns 33% of Hulu. Based on the agreement, Disney may request Comcast, owner of NBCUniversal, to sell its stake in exchange for fair market value in the future. Disney has guaranteed a sale price that represents a minimum book value of 27,500 million dollars.

Furthermore, Comcast may require that Disney purchase its stake at the beginning of 2024.

Walt Disney Co. and Comcast Corp. have also agreed to finance the recent purchase by Hulu of the 9.5% stake in AT & T Inc.

When Hulu made this deal, it was rumored that Comcast would allow Disney to acquire what it still owned.

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