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Disney will pay Comcast $438.7 million for a stake in Hulu, writes Lilian Rizzo for CNBC. This marks the end of a years-long valuation process that started … ...
Disney has agreed to pay Comcast $438.7 million for its stake in the streaming service Hulu, concluding a years-long appraisal process. Stream Los Angeles News for free, 24/7, wherever you are. In ...
Disney paid Comcast $438.7M to gain full control of Hulu, ending a valuation dispute and enabling deeper integration with Disney+ and ESPN.
In 2023 Disney announced it intended to buy Comcast's 33% stake in Hulu. At the time, Disney paid $8.6 billion, which reflected Hulu's guaranteed minimum value of $27.5 billion.
Disney will pay $438.7 million to Comcast for the remaining value of NBCU's one-third stake in streamer, for a total of $9 billion In December 2023, in an initial payment toward the Hulu buyout ...