Disney Discussing Acquisition of AT&T’s WarnerMedia Stake in Hulu

The Walt Disney Co is looking to purchase WarnerMedia’s nearly 10 percent stake in Hulu, according to reports from Variety. This potential acquisition could have significant implications for the streaming entertainment landscape.

Disney already owns a majority stake in Hulu, which has become a major player in the streaming industry. By acquiring WarnerMedia’s stake, Disney would have even more control over the platform and its content.

With Disney’s recent launch of its own streaming service, Disney+, the company is clearly focused on dominating the streaming market. Acquiring WarnerMedia’s stake in Hulu would further solidify Disney’s position in the industry.

However, it’s important to note that this deal is still in the works and has not been finalized. Both Disney and WarnerMedia have yet to make any official statements regarding the potential acquisition.

Keep an eye on this story as it develops, as it could have far-reaching implications for the future of streaming entertainment. Disney’s continued expansion in the streaming market is sure to have a significant impact on how we consume content in the years to come.