Walt Disney Company confirms $8.6bn deal for full Hulu ownership
The Walt Disney Company (NYSE: DIS) has made a strategic move in the streaming industry, announcing its plans to acquire the remaining 33% stake in Hulu, LLC, currently held by Comcast Corp.’s (NASDAQ: CMCSA) NBC Universal (NBCU). This decision follows Comcast’s exercise of its put/call option on November 1, setting the stage for a significant […]