Disney to Acquire Remaining Stake in Hulu for Expected $8.6 Billion
Disney has revealed its plans to acquire Comcast’s one-third ownership in Hulu for an estimated $8.61 billion. The acquisition aims to place the streaming platform completely under Disney’s ownership when the transaction concludes later this year. In a brief statement, the company expressed that securing Comcast’s stake in Hulu at fair market value would significantly…
