After long-time speculation that Disney wants to gain full control of Hulu, the company is officially set to acquire it for $8.61 billion dollars.
This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.
- Disney is taking full control of Hulu by acquiring the remaining 33% stake for $8.61 billion, marking the end of its agreement with Comcast.
- This move solidifies Disney’s position as a major player in the streaming industry and allows them to fully capitalize on Hulu’s potential.
- The acquisition reflects Disney’s commitment to expanding its streaming empire and reinforces its position as a dominant Hollywood studio.
Hulu is about to be fully owned by Disney as the major Hollywood studio is officially acquiring the rest of the shares of the streaming provider.
According to Deadline, Disney is officially set to acquire the remaining 33% stake in Hulu for $8.61 billion dollars. This brings an end to Disney and Comcast’s agreement that went into effect back in 2019.