Disney to acquire the remainder of Hulu from Comcast for at least USD 8.6 billion

UNITED STATES: Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for at least $8.6 billion, a deal that will give Disney full control of the streaming service. Disney has run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent partner.

Disney offered no comment beyond saying the acquisition will “further Disney’s streaming objectives.” The deal price could end up higher once the two companies complete an agreed-upon appraisal of Hulu’s fair market value, a process that may not be completed until next year.