Disney had estimated the value to be around $27.5 billion, while Comcast was looking for at least $40 billion. If Comcast’s side had won out, Disney would be looking at an additional payment of about $5 billion.

Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.

Disney’s Hulu acquisition is complete, setting the stage for global expansion, stronger bundles and a new era of streaming strategy.

Disney and NBCUniversal filed a federal lawsuit against AI company Midjourney on Wednesday, June 11, claiming that

Disney and NBCUniversal are the first Hollywood players to take a shot across the bow of a generative AI company that they claim has stolen their copyrighted characters. Disney and NBCU filed a ...

Disney and Universal are teaming up to sue AI company Midjourney in a lawsuit that calls its AI generation tools a "bottomless pit of plagiarism," as reported by Reuters.

Warner Bros. Discovery and NBCUniversal announced plans to spinoff their cable networks, a move that Disney CEO Bob

Disney finalizes $439 million deal to acquire full ownership of Hulu from Comcast, ending years of joint control.