In 2023 Disney announced it intended to buy Comcast's 33% stake in Hulu. At the time, Disney paid $8.6 billion, which reflected Hulu's guaranteed minimum value of $27.5 billion.

Disney will pay Comcast $439 million to fully acquire Hulu, ending a long-standing valuation dispute and strengthening its streaming strategy with deeper integration across Disney+ and ESPN platforms.

Disney had paid $8.6 billion in 2023 for the minority stake, but Comcast had asked for $5 billion more, which sent the issue to arbitration over the appraised value. Disney has had operating control ...

Walt Disney Co. and Comcast Corp. teamed up to sue Midjourney Inc., accusing the startup of copyright infringement in the latest sign of tension between major media companies and a new crop of arti… ...

Disney noted the $438.7 million payment was substantially less than what Comcast had wanted. The deal is expected to close by July 24. Hulu launched as an NBCUniversal and Fox joint venture in 2008.

Walt Disney said Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7 million for its stake in the streaming service.

Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.