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.
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U.S. President Donald Trump said he sees progress between Israel and Lebanon after talks with Netanyahu, while Hezbollah has rejected a new ceasefire proposal and Israel has ruled out a troop withdrawal.
Urbicide is as much about destroying a community’s identity as it is about destroying its physical space, according to a new study examining the cities of Grozny in Chechnya, Aghdam in Azerbaijan and Aleppo in Syria.
Five Azerbaijani citizens have been killed and three others injured following drone attacks on two cargo vessels in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday.
Widely recognised as the world’s oldest oil exporter, Azerbaijan will showcase its renewed efforts to combat climate change on Friday as it hosts the 2026 World Environment Day conference in partnership with the UN.
Iran’s Revolutionary Guards (IRGC) said in a statement that its Aerospace Force did not strike the Kuwait Airport passenger terminal on Wednesday, and that the destruction was instead caused by a failed U.S. Patriot missile.
Israel and Lebanon have agreed to implement a ceasefire after U.S.-backed talks in Washington. The deal requires Hezbollah to halt attacks and withdraw from southern Lebanon, while both sides will resume direct talks later this month aimed at reaching a broader agreement.
As Armenia heads toward parliamentary elections on 7 June, the country's relationship with Azerbaijan is emerging as one of the defining issues of the campaign, with analysts and international observers highlighting the role of regional politics in shaping voters’ mindsets.
The United Kingdom has begun using SpaceX's Starshield satellite network for military operations, according to people familiar with the matter, marking one of the first known deployments of the secure government-focused system outside the U.S.
All 27 European Union (EU) member countries have agreed to begin the first set of talks with Ukraine and Moldova about joining the political and economic bloc.
Chinese President Xi Jinping will visit North Korea on 8-9 June, marking his first trip to the country in nearly seven years as Beijing seeks to strengthen relations with its long-time ally.
A blaze at a popular market in northeast Thailand sent vendors fleeing and left five people in hospital, with police investigating a suspected electrical short circuit.
Ukrainian President Volodymyr Zelenskyy has publicly invited Russian President Vladimir Putin to meet for direct talks aimed at ending the war between their countries, saying Ukraine remains ready for peace but will continue fighting if no agreement can be reached.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 5 June, covering the latest developments you need to know.
The U.S. House of Representatives has approved legislation that would provide new aid to Ukraine and impose additional sanctions on Russia, marking the latest instance of Republican lawmakers breaking ranks with President Donald Trump and party leaders.
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