Disney to Pay Comcast an Additional $439 Million for Hulu Stake as Streaming Saga Comes to an End
The years-long saga over the fate of Hulu is officially resolved, with Disney set to pay Comcast $439 million to finally complete the sale of its 33 percent stake in the streaming service.
Back in 2023, Disney officially agreed to pay a floor of $8.61 billion for Comcast’s stake in Hulu, but the companies couldn’t agree on a final valuation for the stake, leading to an extended appraisal process.
Disney argued that the floor price would suffice as the final price, while Comcast argued that Hulu’...
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