Disney paying additional $438.7M to buy out NBCUniversal’s Hulu stake

Walt Disney said Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7 million for its stake in the streaming service. The transaction gives Disney complete ownership of Hulu, clearing the way for a deeper integration with the Disney+ streaming service, and ESPN’s coming direct-to-consumer offering, CEO Bob Iger said in a statement. […]