Disney to take over Hulu in $8.6-B deal

By Agence France-Presse

Nov 03, 2023 12:14 am

SAN FRANCISCO: The Walt Disney Co. on Wednesday announced it will buy Comcast's $8.6-billion stake in Hulu, completing its takeover of the streaming service.

The acquisition will 'further Disney's streaming objectives,' the company said in a press release, and comes as it strives to boost subscriber numbers at its Disney+ streaming service.

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