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Signs are observed in 2019 by the pretenders at the Deadline Hula at Paramount Theater on Paramount Studios on April 7, 2019 in Hollywood, California.
Rachel Murray | Gets the image
Dysne agreed to pay Podst 438.7 million dollars for its share in the Hulu streaming service, completing the long -year assessment process.
In 2023 Disney announced He intended to buy 33% Comcast’s shares in Hulu. At the time, Disney paid $ 8.6 billion, reflecting a $ 27.5 billion minimum. Both companies agreed to this floor in 2019.
The Disney announcement became no wonder as widely report CNBC and others that Disney sought to take the full ownership of the Hula. Disney took two -thirds of ownership on Hula when he purchased Entertainment Assets Fox Corp.
After that, Disney and Comcast’s initial payment entered the evaluation process, which is supposed to end in 2024.
Disney said his assessor reached the evaluation below the guaranteed floor, while the NBCuniversal “Comcast” evaluated the assessment, he largely exceeded the guaranteed floor value.
It is expected that the final transaction will end on July 24 or before. Disney fixes the payment in his “net profit, which can be attributed to uncontrolled interests”, which will then reduce “net income, which can be attributed to Disney” in his income report in the third quarter. It is expected that the Disney’s financial salary will not affect the previous indications of the 2025.
“We are glad that this was finally resolved. We had a productive partnership with NBCuniversal, and we wish them success,” Disney Bob Iger said in a statement.
Igeer added that the completed acquisition opens the way for “deeper and seamless integration” Hulu and Disney+ Content, as well as the future ESPN Direct-To-To-To-NPN.
Disney has already begun intense Two existing services that also offer together with ESPN+, active sports stream.
The NBCunersal Comcast has focused on creating its Peacock streaming because it was launched in 2020.
“Hulu was a great start for us in a broadcast that brought almost $ 10 billion from Comcast and created an important audience for the NBCUniversal World Legal content,” the Comcast spokesman said on Monday. “We wish Disney well with Hulu and appreciate the cooperative way that our teams have run the partnership.”
As of March 29, Hula was over 50 million subscribers, according to Disney’s latest report. In total, Disney had 180.7 million streaming subscribers, the bulk of which comes from Disney+. In April, Comcast reported that Paulina had 41 million subscribers.
Disclosure: Comcast has NBCuniversal, parent company CNBC.
