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Disney finalizes $439 million deal to acquire full ownership of Hulu from Comcast, ending years of joint control.
Disney to acquire full ownership of Hulu from Comcast for $438.7 million, ending a 3-year appraisal process.
As for the final decision made on Monday, Disney will pay the remaining $438.7 million to acquire Comcast’s stake in Hulu. The acquisition is expected to close by July 24.
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.
Disney has effectively operated Hulu since 2019, when Comcast ceded operational control in exchange for a guaranteed exit price; Tuesday’s announcement converts Comcast from silent partner to cash ...
After more than two years of haggling, Disney has finally closed its deal with Comcast to buy out NBCUniversal’s one-third stake in Hulu — and Disney is paying much less than it would have if ...
Disney will pay Comcast an additional $438.7 million to acquire its stake in streaming service Hulu.
The long and winding road of Hulu, which started in the pre-smartphone era as a streaming joint venture involving NBC and Fox, has concluded with the finalizing of Disney’s buy-out of Comcast ...