The HULU Plus app is played on a Samsung Galaxy phone in this photo-illustration in New York, December 23, 2013. REUTERS/Carlo Allegri
The streaming service Hulu, which has gained clout thanks to shows like The Handmaid’s Tale, is now worth about US$8.7bil (RM33.85bil). But that remains a small fraction of Netflix Inc’s value.
Walt Disney Co laid out the valuation of Hulu as part of a filing Wednesday about its planned merger with 21st Century Fox Inc. Disney is buying most of Fox’s entertainment assets in a US$52.4bil (RM203.91bil) all-stock deal, which would include taking control of Hulu.
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