Disney and Comcast have moved up the timeline to this month to start the process of Disney buying out Comcast's one-third stake in Hulu.
Of course, there's the matter of what the final pricetag will end up being once the dust settles on the appraisal process. During the conference, Roberts dialed back on the original $27.5B minimum valuationfor the past few months.
Referring to the number as"just a hypothetical," Roberts expects the value to top that based on the streamer's worth being"way more today than it was" five years ago when the agreement first came into play."Netflix and Hulu are in a class by themselves," Robert added, referencing how Hulu's engagement is second only to Netflix among streaming services.
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Comcast, Disney move up deadline to decide Hulu future ownershipComcast and Disney have been in discussions regarding Hulu’s valuation.
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Comcast moves up date for Hulu deal with Disney to Sept 30, 2023Comcast has moved up the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 this year, CEO Brian Roberts said on Wednesday.
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Comcast CEO Moves Up Hulu Stake Sale Timeline, Touts $30B-Plus ValuationBrian Roberts also said Disney will likely shortly use a put option to take over NBCUniversal’s minority stake in Hulu after a sales process starting on Sept. 30.
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