For the primary time inÃ‚Â Hulu‘s historical past, the streaming video service can be run beneath a single firm: Disney agreed to purchase Comcast’s 33% share ofÃ‚Â HuluÃ‚Â Tuesday, placing Disney in full management of the favored service.Ã‚Â
Despite the fact that Comcast is pulling up stakes as an proprietor, the corporate’s NBCUniversal programming will not be leaving Hulu anytime quickly. Comcast agreed to increase the Hulu license to NBCUniversal content material and the Hulu Stay settlement for NBCUniversal channels till late 2024. Comcast can even proceed to distribute Hulu on its Xfinity X1 cable-TV platform.
And with Disney taking management of Hulu, that provides the leisure large extra flexibility to supply issues like discounted bundles of Hulu and Disney Plus, its forthcoming $7-a-month Netflix-like service. Ã‚Â