Disney to pay Comcast $438.7 million to take full control of Hulu, ending lengthy valuation process
1. Disney acquired Comcast's 33% stake in Hulu for $438.7 million. 2. The transaction concludes a long appraisal process between the two companies. 3. Hulu has over 50 million subscribers; Disney integrates Hulu with its services. 4. Comcast generated nearly $10 billion from Hulu and focuses on Peacock growth. 5. Disney’s acquisition strengthens its streaming portfolio and subscriber offerings.