Disney isn’t buying Fox to acquire a majority stake in Hulu. But it isn’t not buying Fox to acquire a majority stake in Hulu either.
Disney CEO Bob Iger made clear in comments last week that acquiring Hulu was a microcosm of the larger strategic move that that House of Mouse made in acquiring Fox.
“Hulu obviously is a great opportunity to expand in the direct-to-consumer space. Owning roughly a third of it was great, but having control of it will enable us to greatly accelerate Hulu into...
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