CEO Bob Iger on Disney gaining full control of Hulu
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The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
Disney’s Hulu acquisition is complete, setting the stage for global expansion, stronger bundles and a new era of streaming strategy.
Discovery recently kicked their linear TV divisions out of the ball, Disney’s channels aren’t turning into pumpkins just yet. The castle is only getting bigger, in fact, as the Mouse House finalized its full ownership of Hulu this week.
Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.
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The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, the deal is finally set to close.
Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.
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WDW News Today on MSNDisney Parks Chairman Josh D'Amaro Current Frontrunner to Succeed Bob Iger as CEOFollowing the announcement of Disneyland Abu Dhabi, chairman of Disney Experiences Josh D’Amaro is poised to take over as CEO of The Walt Disney Company when Bob Iger retires (again). Disney CEO Search In a new article about Hollywood’s succession politics,