Comcast exercised option to sell its minority stake in streaming service; complex negotiations over Hulu’s value are under way
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/business/media/disney-to-pay-comcasts-nbcuniversal-at-least-8-61-billion-for-its-stake-in-hulu-8ebeb25cDisney said Wednesday it expects to pay Comcast’s NBCUniversal at least $8.61 billion for its stake in Hulu, as the companiesDisney’s announcement came after Comcast exercised its option, as part of a long-held agreement between the companies, to sell its minority stake in Hulu. Disney controls two-thirds of the service, while Comcast owns one-third.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney to buy remaining stake in Hulu from Comcast's NBCUniversalDisney to buy remaining stake in Hulu from Comcast's NBCUniversal
Read more »
Disney Promotes Paul Roeder To EVP Communications, Disney EntertainmentEXCLUSIVE: Twenty-two year Disney vet Paul Roeder has been upped to EVP Communications, Disney Entertainment – Studios, International and DTC. He was previously SVP, Communications at Disney Entert…
Read more »
Disney to buy Comcast's stake in HuluDisney to pay $8.61 billion and possibly more, pending appraisal
Read more »
Disney to buy remaining 33% stake in Comcast's Hulu stakeDisney to buy remaining 33% stake in Comcast's Hulu stake
Read more »