If it wasn’t already clear that Disney is very serious about becoming one of the major players in the video streaming business, then Disney’s newest move should drive that point home.
The company on Tuesday announced that it will assume full operational control of the Hulu streaming service following a “put/call” deal with Comcast. What that means is that the two giants agreed that Disney will buy Hulu five years from now at a minimum valuation of $27.5 billion.
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Disney now has full control of Hulu originally appeared on BGR.com on Tue, 14 May 2019 at 15:53:19 EDT. Please see our terms for use of feeds.
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