Disney takes Hulu control: Here’s what it means to your shows

The Hulu 2013 Summer TCA Tour takes place at The Beverly Hilton Hotel

The Hulu 2013 Summer TCA Tour takes place at The Beverly Hilton Hotel

Disney has guaranteed a sale price for Comcast that represents a minimum total equity value for Hulu of $27.5 billion.

For Disney, Comcast has agreed to distribute Hulu on its Xfinity X1 platform, and has extended the Hulu Live carriage agreements for NBCUniversal channels for an unspecified duration.

Disney, which is trying to challenge the dominance of Netflix in a competitive streaming landscape, is preparing to launch its own streaming service called Disney+ on November 12 and the control of Hulu would add weight to the company's goals. When Hulu make that deal in April, it was rumored that Comcast would allow Disney to acquire whatever part of Hulu it still owned. In turn, Disney and Comcast have entered a "put/call" agreement-that means that, as early as January 2024, Comcast can require Disney to buy NBCUniversal's 33-percent interest in Hulu.

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Disney is preparing to launch its own streaming service called Disney+ on November 12.

Walt Disney Co. and Comcast Corp. also agreed to fund Hulu's recent purchase of AT&T Inc.'s 9.5% interest in Hulu. The companies said that when the sale of NBCU's stake occurs in 2024, Hulu's fair-market value will be "assessed by independent experts". Last month, Disney detailed its plans for Disney Plus, which is meant to be Disney's family-friend companion service to its offering of Hulu as the home for more adult-oriented fare. Well, Disney+ is being billed as a family friendly streaming service in line with Disney's theatrical output, but just as Disney would never greenlight and release a movie like Prometheus, they're not exactly itching to put American Horror Story on Disney+. However, NBCUniversal also has the option to "terminate most of its content license agreements" in three years time, if it sees fit. That NBC streaming service is expected to launch next year.

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