Bob Iger Says Disney Will 'Hold On to' Linear Networks
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Hulu, Disney and Comcast
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The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
Disney will pay Comcast nearly $439 million to take full control of Hulu after a lengthy appraisal process, setting the stage for a unified streaming strategy with Disney+ and ESPN.
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The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, the deal is finally set to close.