Disney Assumes Full Operational Control of Hulu

Disney Assumes Full Control of Hulu in Deal With Comcast

Disney has guaranteed a sale price for Comcast's stake in Hulu that will represent a valuation for the streaming-video joint venture of at least $27.5 billion (meaning Comcast stake will be worth a minimum of $9.2 billion).

That means, despite Disney's immediate takeover, Hulu will retain NBCUniversal content for the next few years.

Even though Comcast is pulling up stakes as an owner, the company's NBCUniversal programming won't be leaving Hulu anytime soon.

While Disney now has full operational control, the agreement states that Comcast's ownership in Hulu will never be less than 21 percent.

More news: Felicity Huffman Pleads Guilty in College Admissions Scandal

Under their pact, Comcast's NBCUniversal will retain its 33% ownership interest in Hulu but as early as January 2024, Comcast can require Disney to buy NBCU's interest in Hulu.

Disney may bundle Hulu with its upcoming kids-focused streaming service, Disney Plus, and its sports service, ESPN Plus, executives said last week. Indeed, just recently the Disney+ adaptation of High Fidelity moved from Disney+ to Hulu, realizing the Zoe Kravitz-led series would be a better fit on Hulu, and FX chief John Landgraf said during today's upfront presentation that he doesn't think FX shows belong on Disney+ at all. NBCU is planning to launch a free, ad-supported streaming service next year. That has given Comcast a big stake in how the streaming platform is operated, including how NBCUniversal shows like 30 Rock and Seinfeld are licensed.

Comcast acquired NBCUniversal back in 2011 with a consent decree that it wouldn't have a say in Hulu's direction.

As part of this new deal, Comcast's NBCUniversal will continue to license content to Hulu through late 2024, but with NBCUniversal due to launch its own streaming service next year, there are some tricky stipulations. However, NBCUniversal also has the option to "terminate most of its content license agreements" in three years time, if it sees fit.

Related News:

  • ‘Empire’ Canceled 2 Months After Jussie Smollett Was Arrested

    ‘Empire’ Canceled 2 Months After Jussie Smollett Was Arrested

    During the fifth season, Smollett made global headlines after claiming that he was the victim of a racist and homophobic attack. Fox , the parent network for both series, announced on Monday that Empire is ending after its sixth season.
    Apple TV's

    Apple TV's "Channels" subscriptions and TV app overhaul are here

    Apple TV+ is Apple's own video subscription service, with completely original content that won't be accessible anywhere else. The redesigned Apple TV app aims to solve some of the headaches that have emerged in the streaming media era.
    Lena Headey reacts to that King's Landing battle ending

    Lena Headey reacts to that King's Landing battle ending

    Daenerys Targaryen's destiny was revealed on Sunday night's episode of Game of Thrones - and some fans are not happy. Martin's A Song of Ice and Fire book series, but the HBO show left out the part about the "valonqar".
  • Tiger Woods faces wrongful death lawsuit over restaurant employee

    Tiger Woods faces wrongful death lawsuit over restaurant employee

    According to the suit, he had a blood-alcohol reading of.256, over three times the legal limit in Florida. According to CNN, he was scheduled to be part of a tournament news conference Tuesday morning.
    Lenovo working on foldable ThinkPad

    Lenovo working on foldable ThinkPad

    It is a natural extension of Lenovo's previous attempts to innovate the PC form factor including the dual-screen Yoga Book C930 . In full-screen mode, the device works like a large tablet and users can watch a video or toss up a PowerPoint presentation.
    China calls on U.S. to remove extra tariffs

    China calls on U.S. to remove extra tariffs

    Earlier Friday, the USA increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent. The tariffs on China "may or may not be removed depending on what happens with respect to future negotiations!" he said.
  • The moon is a lot more seismically active than we thought

    It's believed these slip-events - much like landslides - were caused by additional tidal stress heightened by the Earth's gravity. Similar to how a grape shrivels up as it shrinks into a raisin, the moon obtains wrinkles as it decreases in size.
    Trump's tariff wars could wipe out a chunk of tax cut benefits

    Trump's tariff wars could wipe out a chunk of tax cut benefits

    Investors fear further escalation in the dispute between the world's two largest economies could undermine global growth. Under a process outlined by USA officials, the new tariffs would not take effect until late June at the earliest.
    Actress Felicity Huffman pleads guilty in college-admissions scandal

    Actress Felicity Huffman pleads guilty in college-admissions scandal

    Sports coaches at universities were also bribed to get youngsters with little talent accepted as recruits for teams. She walked into court with her brother, Moore , by her side, though there was no sign of husband William H.
  • Bacterial disease transmitted from dogs to humans confirmed at commercial breeding facility

    Bacterial disease transmitted from dogs to humans confirmed at commercial breeding facility

    In people, symptoms include fever, sweats, headache , joint pain and weakness, the state health department said. Dogs with inflamed lymph nodes, acting abnormally, losing weight, or are lethargic may be infected.
    WhatsApp vulnerability allowed government-grade spyware to be installed on phones

    WhatsApp vulnerability allowed government-grade spyware to be installed on phones

    The report said that calls could disappear from the call log, transmitting the spyware to the unwitting victim. WhatsApp claims to have 1.5 billion users around the world and it released a software update yesterday.
    Pacquiao to fight Thurman in WBA welterweight showdown

    Pacquiao to fight Thurman in WBA welterweight showdown

    Manny Pacquiao (right) fights Lucas Matthysse during their world welterweight boxing championship bout. The date for a long-awaited Manny Pacquiao and Keith Thurman showdown has finally been revealed.


Most liked

Tottenham Hotspur v Everton
Everton went ahead three minutes later when Turkish forward Cenk Tosun bundled the ball over the line after a goalmouth scramble. And of course, no one would begrudge the Spurs players and staff having a few celebratory drinks on Wednesday evening.

Crossbow murders: Two woman killed by arrows after three dead in hotel
They said it is not clear what their relationship was, what happened inside the hotel room or how exactly the three died. By Saturday evening police announced that there was no further evidence at the guesthouse and it reopened for business.

Conor McGregor Has Charges Against Him Dropped In Phone-Smashing Case
In October, the Nevada State Athletic Commission suspended McGregor for six months after he was involved in a post-fight brawl. The State Attorney's Office dropped charges of robbery by sudden snatching and criminal mischief at a hearing Monday.

Clashes, protests erupt across Kashmir valley against rape of minor
A school principal's discredited certificate showing the accused as a minor, apparently to shield him, has worsened matters. Official sources said the principal is in "protective custody" because police fear he may be harmed by angry villagers.

HTC isn't dead yet, promises Android 9 updates this month
As of now, there is only one HTC phone with Android Pie and that is U11 Life because it comes under Android One program. The last few years have been hard on the company, forcing it to downsize its business and exit numerous markets.

Zidane all but confirms Real Madrid exit for Gareth Bale
Then 18-year-old Ander Barrenetxea netted a maiden strike from close range to secure the points for his side 20 minutes from time. As for Madrid they need to reduce their wage bill to make room to bring in Eden Hazard from Chelsea .

Liverpool will not suffer title-race hangover, says sports psychologist
They took 198 points in two seasons, not bad". "We saw in the Champions League in the last week why this game is unbelievable ". So we are going to go out there at Brighton to try to win the game".

Download Google Pixel 3a and Pixel 3a XL Stock Wallpapers
So if those aren't big deals to you, and having a headphone jack is, the Pixel 3a is going to be a really good purchase for you. It won't prevent Google from tracking location data, but it will mean that it's unlinked from your personal Google profile.

USA and Palestinians clash over plan for peace with Israel
Efforts continue in the USA and Europe to suppress free speech by falsely labelling criticism of Israel as 'anti-Semitic'. "Palestinians should be able to live free from ever expanding settlements on stolen land".

TSMC reportedly preparing for volume production of Apple's A13 SoC
The latter has already proven to be the most powerful chipset Apple has ever made, and the new A13 will indeed be better as well. Apple iPhone 11 is nearly 5 months away and Apple has started producing the chip which is going to power the new devices.

Phoenix Suns Forward, Josh Jackson, Arrested at Rolling Loud
A team spokesperson said the Suns are 'aware of the report and in the process of gathering more information'. The escape charge was initially charged as a felony with the resisting arrest charge as a misdemeanor.

Kabir Singh movie trailer launch: Highlights
Shahid Kapoor has stepped into the shoes of Vijay Deverakonda in the Hindi remake of Telugu blockbuster film Arjun Reddy . Usually, the remake loses the nativity touch as the writing seems like an exact translation of the original.

Global stock markets plunge after China responds in kind to United States tariffs
The move affected 5,700 categories of Chinese products including internet modems, routers and similar devices. The CBOE Volatility index, a gauge of investor anxiety, posted its biggest daily point gain so far this year.

U.S. blames Iran for ship attacks off the UAE coast
On Monday, U.S. benchmark crude oil added 78 cents to $62.44 per barrel in electronic trading on the New York Mercantile Exchange. It did not say who was behind the operation, which took place amid heightened tensions between the United States and Iran.

University of Michigan Could Target Juwan Howard as Next Head Coach
The 2018-19 season marked their first season since LeBron James left for a second time and it ended on a 10-game losing streak. Last year, Beilein was among those who interviewed for the Detroit Pistons' coaching vacancy .