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.
Both U.S. and Armenia have approved a joint statement on the Trump Route for International Peace and Prosperity implementation framework, known as TRI...
U.S. President Donald Trump on Tuesday dismissed Greenland’s rejection of U.S. control, responding sharply to remarks by the island’s prime minist...
The Trump administration has released a previously classified legal opinion on Tuesday, setting out its justification for the capture of Venezuelan Pr...
Israel and Arab States have urged the U.S. to delay any potential military action against Iran, warning that such a move could undermine ongoing prote...
At least 25 people have been killed after a construction crane fell on top of a train in northeast Thailand. The accident took place in the Sikhio dis...
Both U.S. and Armenia have approved a joint statement on the Trump Route for International Peace and Prosperity implementation framework, known as TRIPP, following talks in Washington between Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Marco Rubio on Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of January, covering the latest developments you need to know.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
Business and political leaders are gathering in Davos for the World Economic Forum’s(WEF) annual meeting as uncertainty over the global economic and political order deepens, with U.S. President Donald Trump’s policies challenging long-standing international norms.
Real Madrid have parted ways with coach Xabi Alonso, appointing former defender Álvaro Arbeloa as his replacement.
The U.S. has issued an urgent security notice calling all American citizens to leave Iran immediately, citing escalating protests, growing violence and widespread communication shutdowns across the country.
The United Nations’ top court at The Hague has begun hearings on whether Myanmar committed genocide against the Rohingya ethnic minority. Gambia told judges on Monday that Myanmar targeted minority Muslim Rohingya for destruction and made their lives a nightmare in a landmark case.
Apple will use Google’s Gemini artificial intelligence (AI) models for its revamped Siri voice assistant later this year, in a multi-year deal that strengthens the tech giants’ partnership and boosts Alphabet’s position in the race against OpenAI.
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
The Trump administration has released a previously classified legal opinion on Tuesday, setting out its justification for the capture of Venezuelan President Nicolás Maduro and U.S. military operations carried out inside Venezuela.
Israel and Arab States have urged the U.S. to delay any potential military action against Iran, warning that such a move could undermine ongoing protests inside the country, according to NBC News.
At least 25 people have been killed after a construction crane fell on top of a train in northeast Thailand. The accident took place in the Sikhio district of Nakhon Ratchasima province, 230 kilometres (143 miles) northeast of Bangkok, on a train bound for Ubon Ratchathani province.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of January, covering the latest developments you need to know.
U.S. President Donald Trump on Tuesday dismissed Greenland’s rejection of U.S. control, responding sharply to remarks by the island’s prime minister and signalling continued interest in the Arctic territory.
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