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The Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to complete its acquisition of the streaming service Hulu. This payment adds to the $8.6 billion Disney had already ...
Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. That amount reflected Hulu’s guaranteed floor value of $27.5 billion, according to ...
Disney will pay Comcast ‘s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few ...
The company also got a boost from completing its sale of Hulu to Disney in the second quarter. Earnings season is officially ...
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 ...
Disney will pay Comcast nearly $439 million to take full control of Hulu after a lengthy appraisal process, setting the stage for a unified streaming strategy with Disney+ and ESPN.
Disney will pay Comcast $439 million.Hulu began in 2007 and quickly evolved into as a service backed by entertainment conglomerates who hoped to stave off the internet with an online platform for ...
"The acquisition of Comcast's stake in Hulu at fair market value will further Disney's streaming objectives," said Disney in a statement in 2023, when "The Mouse" first made their intentions clear.
The Brief Disney will pay $438.7 million to Comcast for its remaining 33% stake in Hulu. The deal ends a years-long appraisal process and gives Disney full ownership of the streamer. The ...