Disney in Hulu takeover talks

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Comcast is reportedly in talks to sell its stake in US streaming service Hulu to The Walt Disney Company.

The news comes a little over a week after Hulu bought back wireless carrier AT&T’s stake for $1.43 billion.

If it acquires Comcast’s stake, Disney would hold a 90 per cent share in Hulu.

As Disney prepares to launch its own SvoD service later this year, it’s believed that it would keep Hulu running as a complementary service – hosting content perhaps not suitable for the Disney+ service.


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