The Hulu deal has a Hollywood ending: It gives Disney full operational control and Comcast a nice boost in value of its 33% equity stake
After the bitter bidding over the 21st Century Fox media assets, Walt Disney Co. and Comcast Corp. have continued in an awkward partnership at Hulu, the streaming service in which they both have significant stakes. Comcast had reasons for holding on—not least to enjoy a stream of passive revenue and be a thorn in Disney’s side. But the partnership of rivals is coming to an end.
On Tuesday, the companies announced a deal that turns full operational control of Hulu over to Disney, effective immediately. It also gives Comcast...
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Disney Takes Full Operational Control Of Hulu, Will Buy Out Comcast In Five YearsDisney has struck a deal with Comcast that gives it full control of streaming service Hulu
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Comcast agrees to sell its stake in Hulu to DisneyComcast also the ability to enforce an option to sell its 33 percent stake in Hulu to Disney in 2024 at a valuation of at least $27.5 billion.
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Disney strikes deal with Comcast, takes full control of HuluDisney cut a deal with Comcast to take full control of Hulu as each prepares to launch its own streaming service. Disney gets full operational control of Hulu immediately.
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Disney takes control of Hulu before own streaming launchComcast Corp has agreed to give Walt Disney Co full control of Hulu in a deal th...
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Disney takes over full control of HuluThe deal also gives Comcast the option to sell its 33 percent share in Hulu to Disney in 2024 at a valuation of at least $27.5 billion.
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Disney takes control of Hulu and has a deal for Comcast’s shareWalt Disney Co. and Comcast Corp. jointly announced Tuesday that Disney will take operational control of the streaming video site Hulu, and that they had struck a deal under which Disney would purchase Comcast’s 30% share.
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Disney takes control of Hulu to challenge Netflix, AmazonWalt Disney Co said it will take full control of the Hulu service in a deal with...
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Disney to take full control over Hulu, Comcast has option to sell its stake in 5 yearsComcast could either sell it at a valuation $27.5 billion or whatever Hulu is appraised to be worth in five years.
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