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.
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