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Zenger
Zenger
Chris Katje

Disney Acquires Full Ownership Of Hulu In $8.61 Billion Deal

A showcase of the Hulu logo. The Walt Disney company is purchasing the remaining stake in Hulu from Comcast. (BOLIVIANINTELIGENTE/UNSPLASHED)

A battle between two media giants over the valuation of a leading streaming platform is almost at its end with a deal announced by Walt Disney Co. (NYSE:DIS) to acquire the stake in Hulu it did not already own.

Disney shares struggled in 2023, but the company may have a catalyst or an item that needed more clarity before finally putting it to rest.

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