In March, before the Disney-Fox deal closed, Disney had a 30% stake in the Hulu streaming service. Just three months later, the company now has full operational control of Hulu.
In an announcement made this morning, Disney will take full operational control of the streaming service, with a looming outright purchase from Comcast. Under a new partnership, Disney and Comcast agree under the so-called “put/call” agreement that either party could require Comcast to sell NBCUniversal’s 33% ownership stake to Disney as soon as January 2024.
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