Disney Takes Full Control of Hulu
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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 is set to pay Comcast $438.7 million to take over Hulu, which will expand its size in the linear and streaming space.
Ticker: Disney to pay almost $439M for Hulu; World Bank sharply downgrades global economic growth forecast to 2.3%