Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Disney Becomes the Majority Owner of Hulu with 60% Share

Roshan Dwivedi Published on : 21 March 2019
Disney Becomes the Majority Owner of Hulu with 60% Share

After closing the $71.3 Billion merger deal with Fox Group, Disney now owns Fox’s 30% ownership of Hulu, leading to a total of 60% share in the company.

With this, Disney becomes the majority owner of Hulu, and the rest 40% share is owned by Comcast (30%) and AT&T (10%).

As Disney holds the majority control, it is willing to improve Hulu’s streaming services with exclusive adult-focused programming and children’s programming separately.

Earlier, Disney, Fox, and Comcast each owned one-third of Hulu, which resulted in letting too many cooks in the kitchen.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
April 25

8:00AM PST

Keep it Secure, Keep it Safe: Tips and Techniques to Protect Your Video Content

Streaming content security has quickly elevated to the number one priority across the industry. That’s because billions are being lost in live event revenue, such as sporting events,…...

Event Language: English
1 hour