Disney Gains Full Ownership of Hulu in $8.6 Billion Deal with Comcast

Disney to acquire remaining 33% stake in Hulu from Comcast for at least $8.6 billion, giving Disney full control

Deal gives Disney undisputed control of Hulu, which it has run since 2019 when Comcast ceded authority

Acquisition furthers Disney's streaming objectives as it cracks down on password sharing and raises prices

Hulu launched in 2007 as a platform for networks to compete with internet video

Disney gained majority control of Hulu in 2019 with acquisition of 21st Century Fox