Disney May Soon Have 100% Ownership of Hulu




, ,

Today it was reported that AT&T may be willing to sell their 10% share of Hulu to Disney. Right, now Disney already owns 30% of Hulu and a deal is already in place to buy FOX’s 30% share of Hulu. This will give Disney 60% ownership of Hulu likely in 2019. Comcast owns the last 30% of Hulu but reports came out that after Disney closes on their deal with FOX they are open to the idea of selling their share of Hulu. (This comes as Disney and FOX agree to sell their share of Sky to Comcast.

Now according to Variety AT&T is interested in selling their 10% share of Hulu worth up to $930 million to Disney. This would give Disney 100% ownership of Hulu once all of these deals close. AT&T’s 10% share is a non-voting share that they received when AT&T and Time Warner merged.

Even if Comcast and AT&T fail to follow through on this plan Disney will soon own a majority share of Hulu thanks to their deal with FOX.

So what does this mean for Hulu? For now, nothing but Disney has said they plan to use Hulu as more adult-focused streaming service. The new Disney+ streaming service is set to launch in late 2019 and will focus on younger audiences.

Did you know we have a YouTube Channel? Every week we have a live Cord Cutting Q&A, and weekly Cord Cutting recap shows exclusively on our YouTube Channel!

Please follow us on Facebook and Twitter for more news, tips, and reviews. Need cord cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like http://Amazon.com, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.