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Home»Latest Posts»Disney to purchase remaining Hulu stake from Comcast
Latest Posts

Disney to purchase remaining Hulu stake from Comcast

Rudra SharmaBy Rudra SharmaUpdated:No Comments1 Min Read
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Disney to purchase remaining Hulu stake from Comcast
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Disney mentioned Wednesday that it had agreed to purchase Comcast‘s one-third stake in streaming service Hulu, a long-expected final result.

Disney mentioned it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting the assured minimal worth for the streaming companies the 2 sides agreed upon in 2019.

Disney may pay extra based mostly on Hulu’s fairness worth as of Sept. 30. The corporate mentioned the appraisal course of ought to wrap up a while subsequent 12 months.

Initially, Disney and Comcast had set a deadline to resolve Hulu’s possession by January. In September, the rival media giants moved up that deadline, successfully acknowleding the end result introduced Wednesday.

Learn the total launch from Disney.

Disclosure: Comcast’s NBCUniversal is the dad or mum firm of CNBC.

That is breaking information. Please verify again for updates.

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Rajaputhiran Streaming Now on AhaTamil: Every thing You Must Know About Plot, Solid, and Extra

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Rajaputhiran Streaming Now on AhaTamil: Every thing You Must Know About Plot, Solid, and Extra

Harmonic Launches Aristotle AI Mannequin-Powered Chatbot App for Android and iOS

Saare Jahan Se Acha OTT Launch Date: When and The place to Watch Pratik Gandhi Starrer Film

Perplexity’s macOS App Will get Help for Anthropic’s MCP for System Duties: This is Learn how to Use It

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  • Rajaputhiran Streaming Now on AhaTamil: Every thing You Must Know About Plot, Solid, and Extra
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