Disney Acquires Comcast's Hulu Stake
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Technology
Disney to Pay Comcast $438.7M for Full Hulu Ownership, Ending Valuation Dispute

75% Informative
The Walt Disney Company ( NYSE : DIS ) has agreed to pay Comcast $438.7 million to buy out its remaining stake in the streaming service Hulu.
Disney had originally acquired a two-thirds stake in Hulu through its purchase of Fox Corp.’s entertainment assets.
After the initial payment, Disney and Comcast entered an appraisal process initially set to finish in 2024 .
VR Score
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72
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