Disney gets full control over Hulu

By MixDex Article may include affiliate links

Disney will take full control of streaming service Hulu.

• The deal, announced May 14, 2019, will allow Disney to take “operational” control over Hulu immediately.
• As part of the deal, NBCUniversal has the option to sell its 33% stake in Hulu to Disney in 2024.
• NBC will get a minimum of $5.8 billion for its stake in the venture when the sale takes place in 2024, even if the service is worth less.
• For Disney, being able to control Hulu is a key part of its streaming strategy.