Disney gained the majority stake in Hulu as part of its April 2019 acquisition of much of Rupert Murdoch’s 21st Century Fox. The following month, Disney and Comcast negotiated a pact that ...

The Burbank, Calif.-based entertainment conglomerate gained a controlling interest in Hulu as part of its $71 billion acquisition of 21st Century Fox’s film and television assets.

The acquisition of NBCU’s interest in Hulu will close on or before July 24, 2025, per the filing. ... Disney was actively looking for a path to own 100% of Hulu in talks with Comcast.

Disney prevailed. It gained the majority stake in Hulu as part of its $71.3-billion acquisition of much of Murdoch’s company in April 2019. That spring, Disney and Comcast negotiated a pact that ...

T he Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to complete its acquisition of the streaming service Hulu. This payment adds to the $8.6 billion Disney had ...

Comcast and Disney are scheduled to formally part ways in the Hulu venture in 2024, under the terms of a deal struck in 2019 after Disney became the majority owner of Hulu through its acquisition ...

Walt Disney on Wednesday began its formal acquisition of Comcast's one-third stake in Hulu, which would result in Disney's full ownership of the streaming service.

Disney will pay Comcast‘s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few ...

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for $8.6 billion, a deal that will give Disney undisputed control of the streaming service. Skip Navigation Share on Facebook ...

The process of buying Hulu has started for Disney. As the company’s first check to Comcast to buy out, their 33% stake in the streaming service has cleared. Disney wrote a $8.6 billion check to ...

Rival Comcast has the remaining one-third stake, and the two companies made an agreement in 2019 that allows Disney to acquire Hulu early next year for a minimum of roughly $9 billion.

The complicated deal gives Disney immediate control of the voting rights, though the actual sale will happen in five years. Comcast announced Tuesday morning it has reached an agreement with the ...