Will Disney Own Hulu Soon?

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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

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Will Disney Own Hulu Soon?

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