Comment on Disney to buy out Hulu from Comcast for about $8.61 billion

Disney to buy out Hulu from Comcast for about $8.61 billion

Enlarge (credit: Hulu) The Walt Disney Company, which currently owns two-thirds of Hulu, is buying the remaining third from Comcast's NBCUniversal to "further [its] streaming objectives." Disney's announcement Wednesday said it's expecting to pay "approximately" $8.61 billion for the remaining 33 percent stake in Hulu. That figure is based on a 2019 valuation of Hulu, pegging the streaming service's value at $27.5 billion. But Disney noted that it may pay more than $8.61 billion, pending an appraisal.

 

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