Disney’s Bob Iger has until next month to drum up $8.6 billion in cash to buy the rest of streaming service Hulu, but that’s only the start—and it could end up being far more expensive for the CEO.
The ailing entertainment giant needs to transfer that sum by Dec. 1 to Hulu’s 33% minority owner, Comcast, as stipulated contractually under a put option that the NBCUniversal parent exercised on Wednesday.
