Disney takes control of Hulu to challenge Netflix, Amazon

By Kenneth LiVibhuti Sharma

The agreement, which ascribes a minimum equity value to Hulu of $27.5 billion, allows either company to trigger a sale or purchase of Comcast’s 33% stake to Disney as early as January 2024. Comcast has also agreed to fund Hulu’s recent buyout of AT&T’s 9.5% interest in the company.

More: https://www.reuters.com/article/us-comcast-hulu/disney-takes-control-of-hulu-to-challenge-netflix-amazon-idUSKCN1SK1KI