Disney finalizes full control of Hulu with $439 million payment to Comcast

Disney finalizes full control of Hulu with $439 million payment to Comcast

Disney will pay Comcast’s NBCUniversal nearly $439 million (€384 million) to acquire the remaining stake in streaming service Hulu, completing a years-long process to gain full ownership of the platform. The transaction resolves an extended appraisal process that began when Disney announced in November 2023 its intention to purchase Comcast’s 33 percent stake for at … Read more