Disney set to take full ownership of Hulu in landmark $8.61 billion deal

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Posted: Wednesday November 1, 2023 4:$4pm ET by WDWMAGIC Staff

The Walt Disney Company is set to expand its share in the streaming market by acquiring Comcast Corp.'s 33% stake in Hulu. This move comes as Comcast exercised its right on November 1 to sell its share under the put/call agreement with Disney.

Disney will acquire the remainder of Hulu for more than $8 billion

This deal, which Disney anticipates will cost around $8.61 billion, is based on Hulu's $27.5 billion minimum guaranteed value, a figure agreed upon in 2019. The price reflects NBC Universal's (NBCU) share of Hulu's value minus the expected capital contributions that NBCU owes to Disney.

This acquisition marks a significant step for Disney in bolstering its streaming services as it takes full ownership of Hulu.

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DCBaker8 hours ago

New spots for Disney+:

MisterPenguin1 day ago

https://thewaltdisneycompany.com/disney-espn-nba-wnba-rights-renewal/

MisterPenguin2 days ago

https://thewaltdisneycompany.com/a-complete-unknown-timothee-chalamet-bob-dylan-teaser-trailer-searchlight/ https://thewaltdisneycompany.com/what-we-do-in-the-shadows-fx-final-season-premiere-date/ https://www.hollywoodreporter.com/business/business-news/netflix-top-4-tv-media-distributor-june-2024-nielsen-1235954912/ https://www.mediaplaynews.com/nielsen-netflix-ups-june-total-tv-market-share-12-still-trails-nbcuniversal-youtube-disney/?hilite=nielsen

MisterPenguin7 days ago

https://www.mediaplaynews.com/lg-adds-disney-to-automobile-streaming-entertainment-platform/

MisterPenguin8 days ago

https://variety.com/2024/tv/news/disney-emmys-dana-walden-fx-hulu-only-murders-in-the-building-1236077079/

Tha Realest8 days ago

Those two stories are related

MisterPenguin8 days ago

https://www.mediaplaynews.com/attest-fewer-people-streaming-netflix-disney-youtube-tv-following-password-sharing-crackdown-price-hike/ https://comicbook.com/movies/news/disney-finally-brings-back-classic-movie/

BrianLo8 days ago

Chalk one up for Hulu (FX)! Or D+/Star as the ultimate Emmy Package. https://deadline.com/2024/07/emmy-nominations-2024-1236012073/ Overall, Shōgun led the nominations with 25, followed by The Bear at 23, Only Murders in the Building at 21 Netflix – 107 FX – 93 ABC – 38 Hulu – 26 Disney+ – 19

MisterPenguin9 days ago

1. No one is talking about the state of streaming? LOL 2. a Bubble and Loss Leading are two different things 3. Netflix lost stock value that one time because their subs decreased over two quarters. It's OK now. 4. NBC is indeed licensing their IP to other streamers. They're all starting to do that. 5. Ignoring the recent trend of bundling with different companies. 6. Disney isn't the only one with deep pockets. Say hello to Prime and Apple+. 7. Hollywood isn't broke. WB-Discovery is, tho. 8. CBS is Paramount, not a separate thing. 9. Movies are expensive!?!! ¡¡Lo scandolo!! 10. Another video, no thanks, at least not until this content creator learns to use data and not riff on general impressions. Examples of data... https://forums.wdwmagic.com/threads/all-things-streaming-vod-ott.952038/page-23