Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Disney now takes complete control of Hulu 15 May 2019

Disney, the American media & entertainment conglomerate, announces a strategic ownership deal with Comcast to buy the stakes of Hulu, for a minimum of $27.5 billion in 2024. With this move, Comcast has become a silent investor and Disney now takes full operational control of Hulu.

Earlier, Hulu was jointly owned by 21st Century Fox, Comcast, and AT&T. But eventually, with the video streaming competition heating up, Disney is dominating the ownership of Hulu.

Bob Iger, CEO – Disney, commented: “The acquisition of Hulu will now allow the company to offer its consumers a more complete package as it will be integrated into its streaming service portfolio.”

Don't forget to share this post!

Latest Posts

White Papers

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter

Try Muvi One
Free for 14 days

Launch your streaming service, instantly
  • Built-in 500+ features
  • Get website, mobile and TV apps
  • Launch across 16+ ecosystems