MAY 22, 2019
Last week, Disney and Comcast came to terms whereby Disney would take sole control over Hulu.
Comcast will remain a silent partner until 2024, at which time either company can trigger a buyout of Comcast’s 33% equity stake.
Derided industrywide for a lack of focus, magnified by its many owners, Hulu is known as Clown Co. However, after years of aimlessness, Hulu seems posed to emerge as a true challenger to Netflix for the streaming dollars of U.S. households.
Disney’s deal extends NBCUniversal’s licensing agreement to provide Hulu shows over the next three years, but in one year NBCUniversal can start putting some of its content on the free streaming service it plans to launch next year.
https://www.filmtake.com/streaming/disney-takes-over-hulu/