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Cheddar News
  • 5 months ago
Disney is set to pay just over $438 million to Comcast in order to acquire stake in Hulu, buying the remaining stake in 2023 to take full ownership.
Transcript
00:00Disney is set to pay just over $430 million to Comcast in order to acquire a stake in Hulu.
00:07The House of Mouse said it would buy the remaining stake in 2023 to take full ownership over the streaming service.
00:13And while Disney paid just over $8 billion to Comcast already,
00:17the two companies have been in an appraisal process for the remaining payment.
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