Disney, Comcast Agree to Move Up Hulu Stake Sale Start to September

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Disney, Comcast Agree to Move Up Hulu Stake Sale Start to September
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Disney and Comcast have moved up the timeline to this month to start the process of Disney buying out Comcast's one-third stake in Hulu.

Of course, there's the matter of what the final pricetag will end up being once the dust settles on the appraisal process. During the conference, Roberts dialed back on the original $27.5B minimum valuationfor the past few months.

Referring to the number as"just a hypothetical," Roberts expects the value to top that based on the streamer's worth being"way more today than it was" five years ago when the agreement first came into play."Netflix and Hulu are in a class by themselves," Robert added, referencing how Hulu's engagement is second only to Netflix among streaming services.

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