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Disney reaches $8.6 billion deal with Comcast to fully acquire Hulu

bitbydeath

Gold Member
Been a long time coming.
Should mean once acquired, the US will join the rest of the world and get Star on Disney+.

The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.

The acquisition will "further Disney's streaming objectives," the company said in a press release, and comes as it strives to boost subscriber numbers at its Disney+ streaming service.

The deal values Hulu at $27.5 billion in total, according to Disney, which said the transaction will be concluded by Dec. 1.

 
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