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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MisterPenguin2 days ago

https://variety.com/2024/digital/news/disney-plus-free-espn-tile-streaming-content-launch-1236209990/

MisterPenguin2 days ago

https://www.hollywoodreporter.com/business/business-news/disney-q4-2024-earnings-streaming-deadpool-1236061567/ https://www.hollywoodreporter.com/business/business-news/walt-disney-reliance-dealclose-india-giant-1236061821/

BrianLo4 days ago

Looks like we’re finally entering the year Hulu becomes more of a brand than a service. My money is on next Fall’s price hike being more of a phase out of the non-Duo bundles.

MisterPenguin4 days ago

https://variety.com/2024/tv/news/ralph-barbosa-new-comedy-special-hulu-1236207665/ https://deadline.com/video/nutcrackers-trailer-ben-stiller-david-gordon-green-hulu/ https://comicbook.com/marvel/news/deadpool-wolverine-disney-plus-debut-new-scene/ https://thewaltdisneycompany.com/disney-holiday-short-taika-waititi/

DCBaker5 days ago

Sizzle reel for upcoming shows on Disney+ and Hulu:

MisterPenguin9 days ago

https://www.mediaplaynews.com/bb-media-netflix-leads-international-markets-with-highest-penetration/

Phroobar11 days ago

June Lockhart was gorgeous in Lassie and Wagon Train.

danlb_200012 days ago

Cool!

BrianLo12 days ago

Fun fact, I'm related to June, the mom from Lost in Space.

danlb_200013 days ago

Just watched the new John Williams documentary on Disney+. Me and my wife started it while eating dinner only intending to watch part of it today, but ended up watching the whole thing. I've seen a lot of documentary material on John but there were still things I didn't know, for example I never knew he did the theme song to the Lost in Space TV show. Highly recommend it.

MisterPenguin14 days ago

https://www.hollywoodreporter.com/movies/movie-news/jared-leto-john-mulaney-lupita-nyongo-lunik-heist-1236051833/

MisterPenguin14 days ago

https://www.hollywoodreporter.com/business/business-news/charter-communications-q3-earnings-report-2024-subscribers-1236050106/

MisterPenguin14 days ago

https://variety.com/2024/tv/news/disney-sets-vampirina-show-secret-vampire-girl-music-1236198011/

Disney Irish15 days ago

This is what I would expect. Because even with all the jabs at Disney over the years by fans of them curating of surveys to get the results Disney wants, which I never really believed anyways, this I feel this was going to be an accurate reflection of viewership. If your users can't trust the results you give them then its useless and you lose them. So I think this is straight up an actual reflection of what users are watching. Now we'll see if it remains that way as time goes on. But at least for now I think its accurate.