Will Disney Own Hulu Soon?

Posted on

It was announced on Monday that AT&T will sell its minority 9.5% stake back to Hulu (estimated at $1.43 billion). Following AT&T’s exit, Disney and Comcast will jointly share ownership of Hulu, with Disney owning majority (two-thirds).

Will Disney take over Hulu? CEO Bob Iger sees opportunities to invest more in Hulu and expand the service internationally, but no decisions have been announced.

Image Source: Mashable

Milk Bar Renames “Crack Pie”
Will Disney Own Hulu Soon?

Thank you! Your subscription has been confirmed. You'll hear from us soon.
Subscribe for news in an instant.