Disney Takes Full Control of Hulu
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Simon Gallagher, Former Hulu executive, joins 'Money Movers' to discuss Disney finalizing its acquisition of Hulu and what it means for the company.
The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
Bob Iger positioned Disney's linear networks as an advantage over rivals like WBD and Comcast/NBCU that are spinning off their cable TV assets.
Disney CEO Bob Iger joins CNBC’s ‘Squawk on the Street’ to discuss his company agreeing to pay Comcast $438.7 million to take full control of Hulu, the company’s streaming strategy, and more.
Ticker: Disney to pay almost $439M for Hulu; World Bank sharply downgrades global economic growth forecast to 2.3%
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Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.
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The Streamable on MSNDo recent firings indicate Hulu is on the way out?The reduction in Hulu’s workforce is just the latest indication that Disney might be thinking strategically about the streamer. What is the future like for Hulu? Disney is still slowly working through the process of purchasing Comcast’s remaining stake in the general entertainment streaming service,