The Walt Disney Company is set to acquire Comcast Corporation's 33% stake in Hulu, the streaming platform, for $8.61 billion, valuing Hulu at $27.5 billion. Disney aims to finalize the deal by December 1. This move aligns with Disney's streaming strategy. Hulu had 48.2 million subscribers as of April 1, 2023, offering subscription-based entertainment content and live TV services, along with premium channel add-ons like HBO Max and Showtime.
