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Disney has extra cash on hand to buy out Comcast’s stake in Hulu. As of June 30, Disney had $11.3 billion in cash on its balance sheet. Hollywood Inc.
Comcast chairman and CEO Brian Roberts called Hulu a "phenomenal business" -- and said that if Disney were willing to sell it, the cable and media company would be interested in buying it out.
Comcast is prepared to sell its 33% stake in Hulu to Disney, with the question now about valuation, according Comcast CEO Brian Roberts.
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.
Back in 2019, Comcast and Disney announced an agreement that would eventually give Disney full control of the Hulu streaming service. But that agreement isn’t necessarily a done deal — instead ...
With Walt Disney and Comcast having the option to trigger a Hulu deal as of November, Wall Street stock analysts outline their sale scenarios. Starting on Nov. 1, an option ...
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 ...
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Disney closes Hulu chapter with $438.7 million Comcast payoutT he Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to complete its acquisition of the streaming service Hulu. This payment adds to the $8.6 billion Disney had ...
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Disney finally owns all of Hulu, ending long tug-of-war with ComcastDisney prevailed. It gained the majority stake in Hulu as part of its $71.3-billion acquisition of much of Murdoch’s company in April 2019. That spring, Disney and Comcast negotiated a pact that ...
Disney and Comcast revised what’s known as a put/call agreement about Comcast’s minority share in Hulu on Sept. 6, moving forward a deadline in which Comcast can force Disney to buy the stake ...
Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. That amount reflected Hulu’s guaranteed floor value of $27.5 billion, according to a ...
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