The Walt Disney Company is to acquire the 33% stake in Hulu held by Comcast, completing its takeover of the streaming service.
The deal values Hulu at $27.5 billion according to Disney, which said the transaction will be concluded by December 1.
In a statement, Disney said it expects to pay Comcast’s NBCU approximately $8.61 billion for the Hulu stake.
“The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” said Disney.
The deal gives Disney full ownership of the streaming service and the ability to incorporate it into its own Disney+ platform.
Disney gained a controlling interest in Hulu as part of its $71 billion acquisition of 21st Century Fox’s film and television assets.
Disney already sells Hulu as part of bundled offerings with its Disney+ and ESPN+ platforms.
Hulu currently has about 48.3 million subscribers, in comparison with Disney’s 146.1 million globally. By comparison, Disney rival Netflix has 247 million subscribers.
You are not signed in
Only registered users can comment on this article.
SMPTE, EBU, and ETC research AI’s impact on the media
The Society of Motion Picture and Television Engineers (SMPTE) has teamed up with the European Broadcasting Union (EBU) and the Entertainment Technology Center (ETC) on a new engineering report on artificial intelligence (AI) and its effect on media.
Nigel Warner to succeed John McVay as CEO of Pact
UK producers' body Pact has named Nigel Warner, UK Policy Consultant to the Motion Picture Association and Special Counsel at Lexington, as its next CEO.
UK film and TV industry backs clean power plan
The UK film and TV industry has agreed on a plan to permanently shift to clean solutions for temporary power on sets.
Sky’s Priya Dogra to become Chief Executive of Channel 4
Priya Dogra will become the next Chief Executive of Channel 4. Currently Chief Advertising, Group Data, and New Revenue Officer at Sky, Dogra will succeed interim Jonathan Allan in March 2026.
One Battle After Another, The White Lotus, and Adolescence lead Golden Globe nominees
One Battle After Another, The White Lotus, and Adolescence have emerged as the frontrunning films and TV shows for the 2026 Golden Globes.
