Disney completely controls the Hulu

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Disney Hulu

Disney completely controls the Hulu

If it is not already clear that Disney is too serious to become one of the major players in video broadcasting, Disney's newest move should be that key point.

The company announced on Tuesday that it will fully control the operation of Hulu's streaming service following a "put / request" deal with Comcast. 

What this means is that the giants have agreed that Disney will buy Hulu five years from now with a value of at least $ 27.5 billion.

As early as January 2024, Comcast of Disney could buy NBCUniversal ownership by 33% against its market value at the time. 

Similarly, Disney can require NBCUniversal to sell its stake in Hulu at that time. Deadline shows that the value of Hulu will be evaluated by independent experts, although Comcast will receive a minimum of $ 27.5 billion from the deal. ' Deadline explains '

The two companies have agreed to finance Hulu's recent purchase of AT & T's 9.5% stake in Hulu, commensurate with their two thirds / third shareholding. 

Comcast will also have the option to keep Hulu funding during future capital calls.

In addition, Comcast also agreed to extend the Hulu license for NBCUniversal content, the Hulu Live Transfer Agreement for NBCUniversal channels until late 2024 and the distribution of Hulu on its Xfinity X1 system. NBCUniversal can still terminate its content licensing agreements with Hulu in three years. 

Within a year, NBCUniversal will have the right to display on its OTT screen with some of Hulu's current exclusive content in exchange for a reduction in the license fee paid by Hulu.

In other words, the terms of the deal are as complex as you expect. But what matters here is that Disney will have full control over the live broadcast service. 

Holo will be Disney's third live service, with a list of Disney + and ESPN +. Of the three, Disney + is available only to consumers, but the service runs in November.

With Hulu under Disney's control, you can expect Disney's original content access to the service, including the four recently announced Marvel animation series.


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