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.

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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 will pay Comcast ‘s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few ...

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.