Advanced Television

Disney in Hulu takeover talks

April 26, 2019

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.

Categories: Articles, Business, M&A, VOD