Disney paying additional $438.7M to buy out | Gossip Wire

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Disney paying additional $438.7M to buy out…

Walt Disney stated Monday it has accomplished its buy of Hulu, agreeing to pay NBCUniversal an additional $438.7 million for its stake in the streaming service.

The transaction provides Disney full possession of Hulu, clearing the best way for a deeper integration with the Disney+ streaming service, and ESPN’s coming direct-to-consumer offering, CEO Bob Iger stated in a assertion.

The transaction provides Disney full possession of Hulu, clearing the best way for a deeper integration with the Disney+ streaming service, and ESPN’s coming direct-to-consumer offering, CEO Bob…

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