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Disney will pay Comcast’s NBC Universal almost $439 million for its stake in Hulu, The Associated Press reported. The transaction gives Disney complete ownership of Hulu, allowing for more ...
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.
As part of the agreement, Disney will pay an additional $438.7 million to acquire NBCU's remaining stake in Hulu, securing full ownership of the streaming platform. "We are pleased this is finally ...
Disney has consolidated ownership of Hulu, ... The final payment, announced Monday, brings the total amount the Burbank entertainment giant will ultimately pay Comcast for its stake to $9.2 billion.
In 2019, Disney had secured two-thirds ownership of Hulu, after it acquired the entertainment assets of 21st Century Fox for $71 billion and AT&T sold WarnerMedia’s 10% stake back to the ...
Walt Disney said 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 transaction gives Disney ...
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 a ...
Since its creation, the Disney name has been permanently associated with magical, wholesome, family-focused entertainment. To say that Hulu's content shares that same vibe would be grossly untrue.
Disney first came to own a majority stake of Hulu in 2019. And after a two-year appraisal of Hulu, Disney will now own 100% of the streamer, buying out Comcast for an additional $439 million.
Disney has consolidated ownership of Hulu, boosting its streaming portfolio. The Burbank giant will pay Comcast more than $9 billion for its stake in the streaming service behind "Only Murders in ...