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.
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
President Ilham Aliyev emphasized Azerbaijan’s commitment to women’s rights and the preservation of traditional values at a high-level Turkic States meeting in Baku.
Kazakhstan President Kassym-Jomart Tokayev emphasized growing Turkic unity and Kazakhstan’s commitment to integration during a meeting with TurkPA parliamentary speakers in Astana.
U.S. President Donald Trump announced on Wednesday that American personnel are being relocated from parts of the Middle East, citing the region as potentially dangerous. He reaffirmed that the United States will not allow Iran to acquire a nuclear weapon.
Austrian authorities are cautiously assembling a psychological profile of the 21-year-old man responsible for the country's deadliest school shooting, which left 10 people dead before the attacker took his own life. The investigation has been hampered by a lack of people who knew him personally.
Tensions surged in the Middle East as the UN nuclear watchdog declared Iran in violation of its nuclear obligations, prompting Tehran to announce countermeasures ahead of critical talks with the U.S.
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
The European Union and India reaffirmed their commitment to collaboration in third countries today, marking the start of a new phase in development cooperation.
President Ilham Aliyev emphasized Azerbaijan’s commitment to women’s rights and the preservation of traditional values at a high-level Turkic States meeting in Baku.
UK Chancellor of the Exchequer, the Rt Hon Rachel Reeves, has announced a record £2.5 billion in additional funding this week to advance the development of the world’s first fusion power plant.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
The 3rd CIS Games will take place in Azerbaijan from September 28 to October 8, featuring 246 medal sets in 23 sports disciplines across seven cities, including Khankendi.
Tensions surged in the Middle East as the UN nuclear watchdog declared Iran in violation of its nuclear obligations, prompting Tehran to announce countermeasures ahead of critical talks with the U.S.
The European Union and India reaffirmed their commitment to collaboration in third countries today, marking the start of a new phase in development cooperation.
U.S. President Donald Trump announced on Wednesday that American personnel are being relocated from parts of the Middle East, citing the region as potentially dangerous. He reaffirmed that the United States will not allow Iran to acquire a nuclear weapon.
Austrian authorities are cautiously assembling a psychological profile of the 21-year-old man responsible for the country's deadliest school shooting, which left 10 people dead before the attacker took his own life. The investigation has been hampered by a lack of people who knew him personally.
Tensions surged in the Middle East as the UN nuclear watchdog declared Iran in violation of its nuclear obligations, prompting Tehran to announce countermeasures ahead of critical talks with the U.S.
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
The European Union and India reaffirmed their commitment to collaboration in third countries today, marking the start of a new phase in development cooperation.
President Ilham Aliyev emphasized Azerbaijan’s commitment to women’s rights and the preservation of traditional values at a high-level Turkic States meeting in Baku.
UK Chancellor of the Exchequer, the Rt Hon Rachel Reeves, has announced a record £2.5 billion in additional funding this week to advance the development of the world’s first fusion power plant.
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