Disney - Comcast come to an agreement on Hulu

Posted by Jeff Labels: , , , ,

Effective immediately Disney will take full control of streaming service Hulu.

The deal allows Comcast (NBC/Universal) content licensing to lapse in three years, allows comcast to move forward with its own Streaming Service and has an option to sell its share of Hulu to Disney for at least $27.5 Billion dollars.

The control of Hulu allows Disney to move its "less family friendly" oriented content to hulu while leaving Disney+ as a more family oriented streaming service.

https://www.cnbc.com/2019/05/14/comcast-has-agreed-to-sell-its-stake-in-hulu-in-5-years.html

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