(Reuters) -Walt Disney said on Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7 million for its stake in the streaming service.

The payment gives Disney complete ownership of Hulu, clearing the way for a deeper integration with the Disney+ streaming service, and ESPN’s coming direct-to-consumer offering, CEO Bob Iger said in a statement.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Alan Barona)