Disney takes over full control of Hulu

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The 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.

The Hulu logo on a window at the Milk Studios space in New York. By Rachel Siegel Rachel Siegel National business reporter Email Bio Follow May 14 at 11:49 AM Disney has made a deal with Comcast to take over operational control of Hulu, giving it full oversight of the streaming platform.The deal, which was expected, will allow for Comcast to retain its 33 percent financial stake in Hulu for the next five years even as Disney has operational carte blanche.

Under terms of the agreement, Comcast must continue to license NBCUniversal content to the service until 2024, while Disney by the middle of 2020 must allow some previously Hulu-exclusive content to be streamed on Comcast’s own planned streaming platform. The deal further ramps up a rivalry with Netflix, which is growing its in-house studio and fighting to hold on to some of its most popular shows and movies produced by other content providers as they launch their own streaming services.

“Specifically how that will roll out and what that relationship will be there I just don’t know yet,” she said.

 

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Whoa. Go Disney!

I’ll be waiting for “Disney takes full control over USA”. Disney Hulu

There goes more great programing. disney couldn't even keep DisneyChannel from falling apart & now they have Fox, too. And what a massive disaster for Public Domain. I'll stick with netflix. Let's hope THEY don't sell out. WaltDisneyCo DisneyStudios PowerLunch

Somehow Disney heading Hulu — and with its award winning show “the handmaid’s tale” is an eyebrow raiser.

Just don’t mess with TheHandmaid‘sTale

Maybe someone will organize the recommendation menu on smart TVs now.

End times

But will they fix hulu's god-awful program guide and UI?

hulu has live sports

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