5 years ago
Disney is in talks with Comcast to buy all of Hulu, CNBC says
Walt Disney Co. is in talks to acquire the 30% stake in Hulu held by Comcast Corp., CNBC reported, a deal that would hand over complete control of the video-streaming service. Disney emerged as 60% owner of Hulu in March when it acquired the entertainment assets of 21st Century Fox Inc. for $71 billion. The Burbank entertainment giant increased its stake last week when Hulu agreed to buy out minority investor AT&T Inc. That deal valued Comcast’s stake in the service at $4.5 billion or more.
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