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Disney now has full control of Hulu

Disney and Comcast announced a deal under which Disney will assume full operational control of Hulu, effective immediately.

Under their pact, Comcast’s NBCUniversal will retain its 33% ownership interest in Hulu but as early as January 2024, Comcast can require Disney to buy NBCUniversal’s interest in Hulu. By the same token, Disney can require NBCUniversal to sell that interest to Disney for its fair market value at that future time.

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