Disney will buy Comcast's 33% stake in streaming service Hulu. The deal is expected to be worth over $8 billion.
As part of a buyout move that’s been several months in the making, Disney will soon purchase Comcast’s 33% stake in Hulu, becoming the sole owner of the popular streaming service.
Recommended Videos The agreement, which was struck in 2019, was based on Hulu’s then-appraised fair value of $27.5 billion. Though the wheels on this deal will be set in motion on December 1, 2023, the ink isn’t expected to dry until sometime in early 2024.
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