Disney takes full control of Hulu as Comcast steps aside

Disney Assumes Full Control of Hulu in Deal With Comcast

Read about the Disney Hulu ownership deal below.

Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp that removes an obstacle in the Mouse House's quest to take on rivals including Netflix Inc in the global streaming video war.

Referee team appointed for UEFA Champions League final in Madrid
I've been with him for five years, I've seen many things and we've lived through different situations and tried to deal with them. The Armenia midfielder's position is in doubt over political tensions between his homeland and hosts Azerbaijan.


Comcast as early as January 2024 can require Disney to buy NBCUniversal's 33% interest in Hulu or be required to sell its stake for the fair market value at that future time.

Hulu is now the exclusive home to serveral comic book-based TV series including Marvel Television's Runaways and VIZ Media's One-Punch Man. Meanwhile, Disney continues its quest for worldwide domination. Disney and Comcast have agreed to buy out AT&T's 9.5-percent interest in Hulu too; Disney will pay two-thirds of the cost of that, with Comcast covering the remainder.

Tiger sued over restaurant staffer's drink driving death
He lost control of his vehicle at around 6pm Eastern, and crashed and died in the accident while trying to get home. The family of the deceased 24-year-old man, Nicholas Immesberger , has scheduled a 10 a.m. news conference Tuesday.


Disney hasn't even launched its streaming service, Disney+, yet, but it already has a second streaming site. NBCU can terminate most of its content license agreements with Hulu in three years' time, and in one year's time NBCUniversal will have the right to exhibit on its own OTT service certain content that it now licenses exclusively to Hulu in return for reducing the license fee payable by Hulu.

"Hulu represents the best of television, with its incredible array of award-winning original content, rich library of popular series and movies, and live TV offerings", Disney CEO Bob Iger said in a statement. But, during Disney's Investor Day briefing of Disney+ and its post-Fox plans, Kevin Mayer, chairman of the direct-to-consumer division, said the company is "likely" the company will be bundling together Hulu, ESPN+, and Disney+ for "a discounted price". After all, a significant part of Hulu's appeal to subscribers is the variety of shows they can access on the service.

Felicity Huffman Likely to Spend This Amount of Time in Jail
According to TMZ, Loughlin's husband Mossimo Giannulli was arrested and she plans to turn herself in when she returns to L.A. The 56-year-old's guilty plea makes her the highest-profiled person, so far, to admit to the allegations, the AP reported.


At the same time, Comcast's NBCUniversal will have the right to cancel most of its content-licensing agreements with Hulu by 2022 - while it will have the right to pull back NBCU programming previously licensed exclusively to Hulu within one year (continuing to make it available to Hulu on a nonexclusive basis).

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