Two Decades After Its Joint-Venture Journey Began, Hulu's Sole Ownership By Disney “Finally Resolved,” Bob Iger Exults

The long and winding road of Hulu, which started in the pre-smartphone era as a streaming joint venture involving NBC and Fox, has concluded with the finalizing of Disney‘s buy-out of Comcast. Disney is paying an extra $438.7 million to Comcast’s NBCUniversal, on top of the $8.6 billion it committed in 2023 under the terms established in a put/call arrangement unveiled in 2019. That deal, which was accompanied by Disney’s $71.3 billion acquisition of most of 21st Century Fox, fueled Disney’s streaming ambi ...