Disney Buying Comcast’s 33% Hulu Stake—Taking Total Ownership Of Streaming Service

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Disney Buying Comcast’s 33% Hulu Stake—Taking Total Ownership Of Streaming Service
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plans Wednesday to buy Comcast's 33% of Hulu for more than $8 billion, a move that would give Disney complete ownership of the streaming service....

streaming service Hulu. Disney will pay Comcast’s NBCUniversal around $8.61 billion by December 1, according to the company’sThe sale will go through an appraisal process, though, to determine Hulu’s final value as of September 30, with $27.5 billion being the guaranteed floor value for the streaming service—if Hulu is deemed more valuable, Disney may have to pay Comcast beyond the $8.61 billion.

the company was planning to offer a “one-app experience … that incorporates our Hulu content via Disney+,” by the end of the calendar year.48 million. That’s how many subscribers Hulu had as of the end of last year, according to previous. Disney+ had more than three times that amount of subscribers, coming it at around 161.8 million.

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