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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.
LOS ANGELES —The Walt Disney Co. has agreed to pay Comcast an additional $437.8 billion for Comcast’s 33% stake in Hulu, ending years of maneuvering and negotiation over who would take full control of ...
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 will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.
Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to finalize the Mouse House purchase of streaming service Hulu.