Disney Set to Acquire Full Ownership of Hulu in Multi-Billion Dollar Deal

1 min read
Source: Variety
Disney Set to Acquire Full Ownership of Hulu in Multi-Billion Dollar Deal
Photo: Variety
TL;DR Summary

Disney is set to acquire Comcast's 33% stake in Hulu for $8.61 billion, making Disney the sole owner of the streaming service. However, the final price tag may change as the two companies have differing opinions on Hulu's market value. The equity fair value of Hulu will be assessed by independent bankers, and if the figures are not within 10% of each other, a third firm will provide an estimate. Once the acquisition is complete, Disney plans to expand Hulu globally and integrate its content into a unified streaming experience with Disney+.

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