CEO Bob Iger on Disney gaining full control of Hulu
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The CEO also said that Disney+ will "probably" emulate Netflix and stop reporting subscriber numbers at some point, he noted during a CNBC appearance.
Disney’s Hulu acquisition is complete, setting the stage for global expansion, stronger bundles and a new era of streaming strategy.
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The Desk on MSNDisney CEO eyes bringing Hulu to more countriesDisney has cast doubt on speculation that the company will wind down its standalone entertainment streamer Hulu anytime soon.
The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.
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The transaction gives Disney complete ownership of Hulu, allowing for more integration with the Disney+ streaming service.
Sun Valley's guest list includes media moguls like Bob Iger and Rupert Murdoch, as well as tech titans like Mark Zuckerberg and Jeff Bezos.
Ex-ESPN host Jemele Hill pushed back on Disney's Bob Iger after he reportedly urged "The View" to tone down their frequent anti-Trump political rhetoric on the show.