Disney to take full control over Hulu, Comcast has option to sell its stake in 5 years.
Comcast could either sell its stake in Hulu at a valuation $27.5 billion or whatever Hulu is appraised to be worth in five years. Disney guaranteed Comcast a sale price representing a minimum total equity value of $27.5 billion, according to the release.NBC channels will be on Hulu Live at a higher rate than previously agreed. NBC will also be able to run the same content on its own streaming platform which is expected to launch in the spring of next year.
NBC will be charging less than $12 a month for non-pay TV subscribers. For pay TV subscribers the service is free. NBCUniversal will have the option of ending most of its content license agreements with Hulu in three years, according to the release. In one year, NBCUniversal will be able to exhibit some of its own content that is currently exclusively licensed to Hulu in exchange for a reduced license fee for Hulu, the release said.Hulu bought back a 9.
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