Disney is Looking To Buy The Remaining 30% Stake of Hulu From Comcast

Apparently the upcoming Disney+ streaming service and 70% ownership of Hulu isn’t enough for Disney. They need more ownership from Hulu, so they are currently in talks to buy Comcast’s remaining 30% in the streaming service.

According to CNBC, “Comcast is now weighing the pros and cons of doing a deal now rather than later.” Disney and Comcast are the only two remaining companies that have a stake in Hulu. It’s explained:

Hulu last week bought back a 9.5% stake in itself from Time-Warner owner AT&T, in a deal that values Hulu at $15 billion. That 9.5% stake will be split between Disney and Comcast, unless Disney consolidates the entire company.

This isn’t a done deal yet, but as always, Disney will eventually get what they want. They will eventually have full control of two streaming services. The fact that Disney has already pounced on this so shortly after the Fox deal closed means a long term partnership between two companies is not going to hold together.

I guess it makes sense for Disney to take full ownership of Hulu especially since they are going to still be developing original content for it. Disney+ will feature the more family friendly entertainment, and Hulu will include everything else that doesn’t meet the Disney+ standards.

Disney+ is said to include 7,500 episodes of television and 500 movies. For comparison, Netflix has 47,000 TV episodes at 4,000 movies. Disney+ will also have less TV episodes than Hulu, Amazon Prime, and CBS All Access, as well as fewer movies than Amazon Prime, Hulu, Starz, and HBO Go.

What do you all think about Disney pushing to own 100% of Hulu? I wonder what Disney will want to buy next!