Get all your news in one place.
100's of premium titles.
One app.
Start reading
Multichannel News
Multichannel News
Business
Jon Lafayette

Disney Set To Buy Comcast’s Hulu Stake for ‘Floor Price’ of $8.61 Billion

Hulu logo on screen.

The Walt Disney Co. said it will acquire the 33% of Hulu owned by Comcast’s NBCUniversal unit.

Disney and Comcast had an arrangement in which Comcast could force Disney to buy the stake, and Comcast exercised that right on Wednesday, Disney said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.