US EditionDisney to Pay Comcast $438.7 Million to Take Full Control of Hulu, Ending Lengthy Valuation Process
- Disney will complete its full acquisition of Hulu by July 24, 2025, finalizing the purchase of Comcast's 33% stake in the streaming service.
- Disney acquired a controlling Hulu stake through its 21st Century Fox purchase, but valuation disagreements with Comcast led to a lengthy appraisal process.
- Disney initially paid $8.6 billion in 2023 reflecting Hulu's guaranteed minimum value, while Comcast sought roughly $5 billion more, resolved by a third appraiser closer to Disney's valuation.
- Disney CEO Bob Iger expressed satisfaction that the Hulu acquisition has been completed, while Comcast highlighted Hulu's success in generating nearly $10 billion and building a valuable audience for NBCUniversal's content.
- The completed deal enables Disney to deepen Hulu's integration with Disney+ and ESPN’s direct-to-consumer offerings, enhancing its streaming value proposition.
58 Articles
58 Articles
Hulu's Days as a Standalone App Could Be Numbered
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 years. Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast...
Disney secures full ownership of Hulu
KEY TAKEAWAYS: Disney to pay $438.7M for Comcast‘s Hulu stake Final step in Disney’s full takeover of Hulu Hulu content to be integrated with Disney+ and ESPN Deal expected to close by July 24, 2025 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 years. Disney said in November 2023 that it was…
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