Disney now has ‘full operational control’ of Hulu
Disney takes over Hulu from Comcast as stream wars heat up
Disney is taking full control of Hulu from Comcast, as both companies prepare to launch their own streaming services in response to declining audiences for traditional TV.
The deal establishes a minimum total valuation of Hulu at that time of $27.5 billion, which means Comcast could reap more than $9.1 billion for its 33% interest as long as it continues to invest in the service. That amount represents a staggering premium to Hulu’s current valuation of about $15 billion.