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Disney has taken over control of live and on-demand streaming service Hulu. That can help Disney offer bundled video subscriptions to consumers.

The Mouse House now has complete control of Hulu.

The Walt Disney Co., which helped launch the video provider nearly 12 years ago, already owned two-thirds of the streaming and on-demand video service.

Disney had grown its share through its $71.3-billion acquisition of 21st Century Fox's movie and TV studios, which closed in March, and its $1.43-billion deal for the 9.5% share that AT&T owned. AT&T got that in its own media merger last year, an $85-billion deal for Time Warner.

That left Comcast, which owns NBCUniversal, as the only remaining non-Disney Hulu stakeholder, holding one-third. (Comcast/NBCUniversal, Disney, Fox and Time Warner were early Hulu investors.)

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Alex
Arizona City, United States
15.05.2019 (10 days ago)
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