Disney Set to Acquire Remaining Hulu Stake from Comcast

Disney already sells Hulu as part of a streaming bundle with its Disney+ and ESPN+ products.
Disney is set to acquire the remaining one-third stake in Hulu from Comcast Corp.'s NBC Universal.
Hulu has more than 48 million subscribers.
The deal is expected to cost Disney approximately $8.61 billion.

The Walt Disney Company is set to acquire the remaining one-third stake in Hulu from Comcast Corp.'s NBC Universal. The deal, which is expected to cost Disney approximately $8.61 billion, will make Hulu entirely a part of Disney. The transaction is expected to close later this year, with an appraisal process to be completed in 2024 to assess Hulu's fair value before a final sale price is agreed upon.

Disney's bid to acquire the remaining shares in Hulu began in 2019. This follows Comcast's exercise of its right under the put/call arrangement between the two companies. The final price could be higher, depending on Hulu's equity value as of Sept. 30.

Hulu, founded in 2007, has continued to grow with hit original movies and shows, amassing more than 48 million subscribers. Disney already sells Hulu as part of a streaming bundle with its Disney+ and ESPN+ products. The acquisition is expected to further Disney's streaming objectives, as the company transitions from linear television to streaming.

Disney CEO Bob Iger has signaled his intention to acquire the remaining shares of Hulu. There are also indications that Disney is potentially selling off its ABC division and looking for a 'strategic partner' for ESPN as part of this transition.

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The Walt Disney Company to Purchase Remaining Stake in Hulu from Comcast

The Walt Disney Company Unknown Frank Wednesday, 01 November 2023 20:32
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    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

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    Disney to acquire remaining stake in Hulu for expected $8.6 billion

    CNN News Site: In-Depth Reporting and Analysis with Some Financial Conflicts and Sensational Language Oliver Darcy Wednesday, 01 November 2023 20:40
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      • Disney is potentially selling off its ABC division and looking for a 'strategic partner' for ESPN as it transitions from linear television to streaming.
      • Hulu, founded in 2007, has continued to grow with hit original movies and shows, amassing more than 48 million subscribers.
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    (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

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    Disney to buy remaining Hulu stake from Comcast in widely expected move

    CNBC News Mike Calia Wednesday, 01 November 2023 20:32
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      • Disney already sells Hulu as part of a streaming bundle with its Disney+ and ESPN+ products.
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      • Comcast's NBCUniversal is the parent company of CNBC.
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      97%

      The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
      (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

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      Breaking News - The Walt Disney Company to Purchase Remaining Stake in Hulu from Comcast

      The Futon Critic Wednesday, 01 November 2023 00:00
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        • This follows Comcast's exercise of its right under the put/call arrangement between the two companies.
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        None Found At Time Of Publication

      97%

      The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
      (Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

      A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

      Disney to acquire remaining stake in Hulu for expected $8.6 billion

      ABC 17 News CNN Newsource Wednesday, 01 November 2023 20:43
      • Unique Points
        • Disney CEO Bob Iger has signaled his intention to acquire the remaining shares of Hulu, as the company shifts its focus from linear television to streaming.
        • Hulu, founded in 2007, has continued to grow with hit original movies and shows, amassing more than 48 million subscribers.
      • Accuracy
        No Contradictions at Time Of Publication
      • Deception (100%)
        None Found At Time Of Publication
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        None Found At Time Of Publication
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        None Found At Time Of Publication
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        None Found At Time Of Publication