Disney Acquires Comcast's Hulu Stake for $8.6 Billion

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Source: The Wall Street Journal
Disney Acquires Comcast's Hulu Stake for $8.6 Billion
Photo: The Wall Street Journal
TL;DR Summary

Disney is set to pay Comcast's NBCUniversal a minimum of $8.61 billion for its stake in Hulu, as negotiations continue regarding the future of the streaming video service. Disney currently controls two-thirds of Hulu, while Comcast owns one-third.

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