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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 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.
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.
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 ...
T 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 ...
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 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 ...
Disney 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 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 ...