How Netflix Triumphed in the Streaming Battle Among Disney Plus and Hulu
Disney has officially acknowledged that Netflix has emerged victorious in the streaming wars. This news might not be what movie and TV fans were hoping for, but it’s the reality we’re facing.
A few months back, Disney and Comcast, NBCUniversal’s parent company, settled a deal that essentially sealed Hulu’s fate. The House of Mouse already had a majority share in Hulu, but Comcast held onto a 33 percent stake. Disney had been eyeing full control of the platform for a while, and in June, they finally reached an agreement. Disney bought out NBCUniversal’s remaining shares in Hulu, ensuring they now have complete ownership of the streaming service.
