Disney to Complete Full Hulu Takeover in $8.61 Billion Deal with Comcast

Disney to Complete Full Hulu Takeover in $8.61 Billion Deal with Comcast

Disney Accelerates Full Control of Hulu, Enhancing Streaming Objectives

 

Bob Iger, Disney’s CEO, emphasized the strategic logic behind this move when he initially introduced the concept of the combined streaming app. He noted that it represents “a logical progression” for the company’s direct-to-consumer offerings, creating enhanced opportunities for advertisers while delivering a more comprehensive and streamlined content offering. This development reflects Disney’s commitment to expanding its presence in the streaming world.