Disney to acquire remaining stake in Hulu for expected $8.6 billion

Disney to acquire remaining stake in Hulu for expected $8.6 billion

a year ago
Anonymous $HYlO-3b458

https://www.siliconvalley.com/2023/11/02/disney-to-acquire-remaining-stake-in-hulu-for-expected-8-6-billion/

Disney will acquire Comcast’s one-third stake in Hulu for an expected $8.61 billion, the company said Wednesday, in a deal that will put the streaming service entirely inside the Magic Kingdom when the transaction closes later this year.

“The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.