Disney has actually run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent partner.
NEW YORK — Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney undisputed control of the streaming service. Disney has actually run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent partner.
Disney offered no comment beyond saying the acquisition will “further Disney’s streaming objectives.”
Hulu began in 2007 and quickly evolved into as a service backed by entertainment conglomerates who hoped to stave
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