Text “RICKEY” to 71007 to join the Rickey Smiley Morning Show mobile club for exclusive news. (Terms and conditions).
With the launch of its own streaming service Disney+ imminent, this is major.
ComicBook.com reports that on Tuesday (May 14), Disney and Comcast announced a new deal that grants the former full operational control of Hulu, effective immediately. Comcast will still own a 33% stake in the company.
More details include:
The two companies have entered what is called a “put/call” agreement, which eans that there is a five year tentative contract in place. As early as 2024, Comcast can require Disney to purchase NBCUniversal’s 33% ownership stake. Likewise, at that time, Disney could require NBCUniversal to sell that stake at fair market value.
Another big piece of this puzzle is the streaming rights to all of NBCUniversal’s content. In addition to the put/call agreement, Comcast has agreed to stream all of NBCUniversal’s content on Hulu until that 2024 time period.
Recently, Hulu announced it was creating a couple of live-action Marvel series including Ghost Rider and Helstorm.
And yes, we’re still mad at Netflix snipped Daredevil, The Punisher and Luke Cage.
ALSO TRENDING ON RICKEYSMILEYMORNINGSHOW.COM:
- Radio Host Fired After Comparing The Royal Baby To A Chimp
- Queen Latifah Mothers Child With Longtime Partner [PHOTOS]
- How To Win Money From The Rickey Smiley Morning Show ATM! [CONTEST]