Another major part of Disney’s streaming strategy is Hulu, which it will control as a result of the acquisition. Disney will own 60% of the streaming service after the deal closes, which is expected to happen in 2019. Comcast owns 30% of Hulu, and AT&T’s WarnerMedia holds the remaining 10%. It is still unclear what Comcast and AT&T will do with their Hulu stakes; many analysts expect they will sell the stakes to Disney.
Source: Los Angeles Times September 26, 2018 16:42 UTC