Comcast is giving Disney full control of Hulu

Comcast and Disney have announced an agreement that will give Disney full control of Hulu starting today. It’s part of a “put/call” deal that will allow either Disney or Comcast to force a sale of Comcast’s remaining 33 percent stake to Disney starting in January 2024.

As part of that deal, Comcast is also promising that Hulu will still get to carry NBCUniversal content as well as live stream NBCUniversal channels for Hulu’s live TV service until “late 2024.” It’s the kind of licensing deal for content that Disney CEO Bob Iger hinted would continue to exist under a Disney-owned Hulu earlier in the month.

Additionally, Comcast gets the chance to put shows on its own upcoming streaming service that are currently licensed exclusively to…

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