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Comcast said second quarter profit was boosted by its sale of its remaining stake in Hulu to Disney even as it grappled with ...
Comcast saw gains in revenue and profit, topping Wall Street estimates across the board as its stock popped in early trade.
During Comcast's second quarter earnings report for 2025, the company explained its strategy around the NBA and Versant.
Comcast topped Wall Street expectations in the second quarter with adjusted earnings of $1.25 per share on $30.31 billion in ...
The sale of Hulu gave Comcast a $9.4 billion (€8.554 billion) gain in the second quarter. The owner of the Sky platform in ...
Versant ran Comcast $110 million in transaction-related costs in the second quarter, when Disney’s check for Hulu finally cleared.
Disney said the $8.61 billion represents NBCU’s percentage of the $27.5 billion “guaranteed floor value” for Hulu that was established when Disney and Comcast entered in to their 2019 ...
While Comcast probably isn't inclined to sell their stake in Hulu, they are likely to want full control over Sky, and it seems likely that Disney would extract Hulu as part of the deal.
Within five years, Comcast has agreed to sell its Hulu stake to Disney for at least $5.8 billion. Under the deal, Comcast’s NBCUniversal will continue to license content to Hulu through late 2024.
And keep in mind that you have to subscribe to Hulu Plus for $8 per month in order to watch Hulu content on anything other than a PC, and that $8 fee doesn’t remove ads from any of the programs.