Disney will pay Comcast’s NBCUniversal nearly $439 million to buy the remaining stake in streaming service Hulu, gaining full control.
The deal ends a long appraisal process. In November 2023, Disney agreed to buy Comcast’s 33% share in Hulu for at least $8.6 billion, based on a guaranteed minimum value of $27.5 billion for Hulu.
Disney has managed Hulu since 2019, when Comcast stepped back and became a silent partner.
Hulu launched in 2007 as a platform for TV shows from major entertainment companies. Disney joined in 2009, adding content from ABC, ESPN, and Disney Channel. In 2019, Disney took majority control after acquiring 21st Century Fox.
After disagreements on Hulu’s value, a third appraiser decided the final price would be $438.7 million.
Disney CEO Bob Iger said that the deal clears the way to better integrate Hulu with Disney+ and ESPN’s streaming service, offering more value to customers.
The deal is expected to close by 24 July and won’t affect Disney’s 2025 earnings forecast.
Disney’s shares rose slightly after the announcement.
Türkiye’s defence and aerospace exports surged by 44 percent year on year in January 2026, hitting a record monthly high of more than $555 million ...
The final barrier preventing an unlimited nuclear arms race between Washington and Moscow hangs by a thread. With an expiration date looming this year...
U.S. Special Envoy Steve Witkoff arrived in Israel on Tuesday (3 February) for talks on Iran and the next phase of the Gaza ceasefire plan ahead of Fr...
Kazakhstan has approved plans for a second nuclear power plant in a significant scaling up of the country's nuclear ambitions. It comes a year after a...
Kazakhstan sharply increased oil shipments to Europe in January, exporting 310,000 tonnes to Germany and sending a further 106,000 tonnes via the Baku...
Türkiye’s defence and aerospace exports surged by 44 percent year on year in January 2026, hitting a record monthly high of more than $555 million as overseas demand for Turkish-built military technology continued to grow, the Turkish Defence Industries Secretariat said on Monday (2 February).
The final barrier preventing an unlimited nuclear arms race between Washington and Moscow hangs by a thread. With an expiration date looming this year and international inspections suspended, the world faces a precarious future regarding the containment of strategic weapons. Should we be worried?
Kazakhstan sharply increased oil shipments to Europe in January, exporting 310,000 tonnes to Germany and sending a further 106,000 tonnes via the Baku–Tbilisi–Ceyhan (BTC) pipeline.
The imminent expiry of New START, the last major nuclear arms control treaty between the United States and Russia, risks removing transparency, predictability and limits on the world’s two largest nuclear arsenals, political analyst Gregory Mathieu warned.
Heavy snow continued to batter northern and western Japan on Saturday (31 January) leaving cities buried under record levels of snowfall and prompting warnings from authorities. Aomori city in northern Japan recorded 167 centimetres of snow by Friday - the highest January total since 1945.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
A daylight robbery at a jewellery shop in Richmond, one of London’s most affluent and traditionally quiet districts, has heightened security concerns among residents and local businesses.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Early voting for Thailand’s parliamentary elections began on Sunday (1 February), with more than two million eligible voters casting ballots nationwide ahead of the 8 February general election, as authorities acknowledged errors and irregularities at some polling stations.
The imminent expiry of New START, the last major nuclear arms control treaty between the United States and Russia, risks removing transparency, predictability and limits on the world’s two largest nuclear arsenals, political analyst Gregory Mathieu warned.
India has not made any statement on halting purchases of Russian oil despite claims by US President Donald Trump that such a step was part of a new trade accord with Washington, the Kremlin said on Tuesday (3 February).
Russia says it is prepared for a new reality in which there are no U.S.-Russian nuclear arms control limits once the New START treaty expires this week, according to Deputy Foreign Minister Sergei Ryabkov.
Paris prosecutors have summoned X chairman Elon Musk and former chief executive Linda Yaccarino for questioning in April as part of their probe into the X social media network, they said on Tuesday.
Ukraine has agreed with Western partners on a plan under which repeated Russian violations of any future ceasefire would trigger swift, co-ordinated military responses by Europe and the United States, the Financial Times reported on Tuesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment