Disney To Buy Comcast's Hulu Stake For $8.6B
In a somewhat expected move, Walt Disney said it will acquire the 33% stake of streaming platform Hulu, owned by Comcast Corp.’s NBCUniversal, for $8.61 billion. This is based on the $27.5 billion guaranteed “floor value” for Hulu set when the companies entered into their agreement in 2019.…
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