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The Independent UK

World

Michelle Chapman

Disney to pay almost $439 million to complete takeover of Hulu

Disney Hulu NBCUniversal Comcast ESPN

Disney will assume full control of the streaming platform Hulu. - (Getty/iStock)

Disney is set to pay NBCUniversal, owned by Comcast, nearly $439 million to acquire its stake in Hulu, thereby assuming full control of the streaming platform.

This agreement concludes an appraisal process that has been ongoing for several years. Back in November 2023, Disney announced its intentions to purchase Comcast's 33% stake in Hulu for a minimum of $27.5 billion.

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