Disney says it expects to pay $8.6 billion for Comcast's Hulu stake
The Walt Disney Co. is proceeding with its buyout of Comcast Corp.'s stake in streaming service Hulu — a major step in the Burbank entertainment giant's pivot to streaming.
The move was expected.
Months ago, Comcast Chief Executive Brian Roberts signaled that the Philadelphia cable giant was planning to divest its 33% interest in the service, and in
