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Disney Closes Hulu Deal With Comcast, Paying Billions Less Than NBCU Was Seeking
Disney closed its deal with Comcast to buy out NBCUniversal's one-third stake in Hulu -- paying much less than NBCU sought.
Decades After Its Joint-Venture Journey Began, Hulu’s Sole Ownership By Disney “Finally Resolved” With $439M Payment To NBCU, Bob Iger Exults
The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
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Disney will pay Comcast an additional $439M for the rest of its Hulu stake
Disney will pay $439 million to purchase the last remaining part of Comcast's stake in Hulu, the company said in a regulatory filing Monday. Why it matters: The deal ends a nearly two-decade-long joint-venture journey for the streaming service.
Disney Seals Hulu Deal, Buying Comcast's Share for $439 Million
Disney finalizes $439 million deal to acquire full ownership of Hulu from Comcast, ending years of joint control.
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