Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to finalize the Mouse House purchase of streaming service Hulu. Disney in December 2023 initially paid Comcast $8.6 billion ...

Disney said Wednesday that it will acquire Comcast’s 33% stake in Hulu for $8.61 billion, making the streaming service wholly owned by the Magic Kingdom.

Disney and Comcast have reached a deal on Hulu’s buyout. Disney expects to pay about $8.61 billion to get the 33 percent owned by Comcast as a result of their agreement in 2019.

Mr. Roberts said Comcast and Disney had agreed to conclude their negotiations over how much Hulu was worth at some point after Sept. 30, when a formal appraisal process for Hulu’s valuation ...

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.

Of course, Comcast only thinks Hulu has gained value. “[$27.5 billion] was just a hypothetical that we picked five years ago because Disney had control of the company.

You may know Hulu for its subscription media content service, but you may not be sure who actually owns the company. Walt Disney and Comcast (NASDAQ:CMCSA) currently own Hulu; Disney has a ...

Disney and Comcast could finally be heading toward a deal to make the former the 100 percent owner of streaming service Hulu, and Wall Street analysts are tallying up possible scenarios.It is ...

In December 2023, Disney paid $8.61 billion to Comcast, which represented one-third of the $27.5 billion guaranteed floor value for Hulu that was set when the companies entered into their ...

Ticker: Disney to pay almost $439M for Hulu; World Bank sharply downgrades global economic growth forecast to 2.3% ...

In November last year, Disney agreed to take control of Hulu and pay Comcast at least $8.6 billion for the remaining 33% stake, after Comcast triggered the deal as part of the 2019 agreement ...

Disney is set to pay NBCUniversal, owned by Comcast, nearly $439 million to acquire its stake in Hulu, thereby assuming full control of the streaming platform.. This agreement concludes an ...