Disney to complete takeover of Hulu with $8.6 bn deal
San Francisco (AFP) - The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service. The acquisition will "further Disney's streaming objectives," the company said in a press release, and comes as it strives to boost subscriber numbers at its Disney+ streaming service. The deal values Hulu at $27.5 billion in total, according to Disney, which said the transaction will be concluded by December 1. The California-based entertainment giant already sells Hulu as part of bundled offerings with its Disney+ and ESPN+ p...