Disney to pay $8.61 billion and possibly more, pending appraisal
Share on linkedin Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images: The deal ends years of speculation as to what would happen with that stake, and puts the streaming service firmly in the hands of Disney.
The two companies had a 2019 agreement that gave both sides an option to trigger this deal, which gave Hulu a total value of at least $27.5 billion.Disney agreed to pay Comcast's NBCUniversal division $8.61 billion for the stake, the company said.: An appraisal process will be conducted to further assess Hulu's equity fair value. If the value is determined to be higher than the $27.5 billion, Disney will pay its percentage of the difference.
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