Disney In Talks To Buy 10% Interest In Hulu From AT&T

Disney In Talks To Buy 10% Interest In Hulu From AT&T
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Variety has learned that Disney is in discussions with AT&T to acquire the 10% stake that WarnerMedia owns in Hulu.

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Once the mega deal with Fox finally closes, Disney will also acquire Fox’s 30% ownership share in the streaming service. Disney currently holds a 30% stake in Hulu, as does Comcast’s NBCUniversal, which are not interested in selling their stake at this time.

Hulu is currently valued at over $9 billion. The 10% purchase by the Mouse House would be approximately worth $930 million.

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Also read: Will Smith Exits James Gunn’s ‘The Suicide Squad’

Hulu will be the exclusive home of a slate of four adult animated tv shows that are based on characters from Disney-owned Marvel, on top of Marvel’s Runaways.

These upcoming animated shows include M.O.D.O.K.Hit MonkeyTigra & Dazzler Show, and Howard The Duck. The series will culminate in a special called The Offenders, which will be a team up show.

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Check out the synopses released through the official press release below:

“In “Marvel’s M.O.D.O.K.,” M.O.D.O.K, an egomaniacal Super Villain with a really big head and a really little body, struggles to maintain control of his evil organization and his demanding family. “Marvel’s M.O.D.O.K.” comes from writers Jordan Blum and Patton Oswalt, with Blum, Oswalt and Jeph Loeb serving as Executive Producers.

“Marvel’s Hit Monkey” tells the tale of a wronged Japanese snow monkey, mentored by the ghost of an American assassin, as he cuts a wide swath through the Tokyo underworld in this darkly cinematic and brutally funny revenge saga. “Marvel’s Hit Monkey” comes from writers Josh Gordon and Will Speck, with Gordon, Speck and Jeph Loeb serving as Executive Producers.

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In “Marvel’s Tigra & Dazzler Show,” two woke Super Heroes and best friends, Tigra and Dazzler, fight for recognition among powered people who make up the eight million stories in Los Angeles. “Marvel’s Tigra & Dazzler Show” comes from writers Erica Rivinoja and Chelsea Handler, with Rivinoja, Handler, and Jeph Loeb serving as Executive Producers.

Trapped in a world he never made, America’s favorite fighting fowl Howard the Duck hopes to return home with the help of his unstoppable gal pal Beverly before the evil Dr. Bong can turn him the crispiest dish on the menu, in “Marvel’s Howard the Duck.” “Marvel’s Howard the Duck” comes from writers Kevin Smith and Dave Willis, with Smith, Willis, and Jeph Loeb serving as Executive Producers.”

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Written by Collier Jennings

Articles Published: 81