Disney Makes Deal With Comcast for Control of Hulu

Disney has reached a deal with Comcast to take full operational control of Hulu, with an option to buy out Comcast's remaining stake by 2024. Hulu's valuation has jumped to $27.5 billion, reflecting Disney's high expectations. Disney plans to use Hulu to complement Disney+ by splitting content between the two platforms. Hulu is not yet profitable and is expected to incur losses, but investors remain optimistic about its future potential.

What significant change occurred regarding Hulu's ownership?

What is the expected equity valuation of Hulu by Disney in 2024?

How many subscribers does Disney expect Hulu to have in the next five years?

What content will Disney+ and Hulu split between their services?

What financial expectation does Disney have for Hulu's profitability?