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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 $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.
Lots of companies talk about caring about their customers, Hulu really did. In a visceral way,” wrote former SVP Ben Smith on ...
Disney has not only completed the purchase of Comcast from Hulu, but it got a pretty good deal in the process as well. The company had to pay just $438.7 million more for Comcast’s third of Hulu ...
Approximately two months ago, Disney closed a deal with Comcast, the parent company of NBCUniversal, that sealed Hulu’s fate.
Disney had paid $8.6 billion in 2023 for the minority stake, but Comcast had asked for $5 billion more, which sent the issue to arbitration over the appraised value. Disney has had operating control ...
Disney has been haggling for total control of Hulu for two years and, in June, announced it had bought out NBCUniversal’s ...
Within five years, Comcast has agreed to sell its Hulu stake to Disney for at least $5.8 billion. Under the deal, Comcast’s NBCUniversal will continue to license content to Hulu through late 2024.