Disney may be close to taking complete control of streaming service Hulu, after reports emerged that it is planning to buy Comcast's 9.5% stake in the company. Disney already owns 60% of Hulu. Several media and entertainment firms originally backed Hulu but after AT&T sold its 30% stake back to the streaming company, Disney and Comcast were the only ones remaining. Comcast is now said to be in talks with Disney about selling its shares. Disney has said it wants to offer Hulu as an adult-focused platform alongside its Disney+ family offering.
Disney may be close to taking complete control of streaming service Hulu, after reports emerged that it is planning to buy Comcast's 30% stake in the company. Disney already owns 60% of Hulu. Several media and entertainment firms originally backed Hulu but after AT&T sold its 9.5% stake back to the streaming company, Disney and Comcast were the only ones remaining. Comcast is now said to be in talks with Disney about selling its shares. Disney has said it wants to offer Hulu as an adult-focused platform alongside its Disney+ family offering.