Disney is running Hulu on its own now, may buy NBCUniversal's share in 2024
After taking over 21st Century Fox, Disney's buying streak continues to burn. This time around, it may end up fully owning video streaming platform Hulu — and with a new agreement signed today with Comcast, it may be able to do so as early as 2024 at a cost of at least $27.5 billion.
The contract takes away voting rights from the board members representing Comcast subsidiary NBCUniversal, which owns a 33% share in Hulu, and effectively gives the only other stakeholder, Disney, full operational control of the service.
Read MoreDisney is running Hulu on its own now, may buy NBCUniversal's share in 2024 was written by the awesome team at Android Police.
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Jules Wang
After taking over 21st Century Fox, Disney's buying streak continues to burn. This time around, it may end up fully owning video streaming platform Hulu — and with a new agreement signed today with Comcast, it may be able to do so as early as 2024 at a cost of at least $27.5 billion.
The contract takes away voting rights from the board members representing Comcast subsidiary NBCUniversal, which owns a 33% share in Hulu, and effectively gives the only other stakeholder, Disney, full operational control of the service.
Read MoreDisney is running Hulu on its own now, may buy NBCUniversal's share in 2024 was written by the awesome team at Android Police.
http://bit.ly/2Q5UPhv May 14, 2019 at 07:51PM
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