But on Thursday Wall Street seemed to cheer the idea of Comcast moving deeper into a bidding war with Disney over Sky and possibly all of the Fox assets included in the $52.4 billion deal that Fox ...

In 2023 Disney announced it intended to buy Comcast's 33% stake in Hulu. At the time, Disney paid $8.6 billion, which reflected Hulu's guaranteed minimum value of $27.5 billion.

Disney is paying an extra $438.7 million to Comcast’s NBCUniversal, on top of the $8.6 billion it committed in 2023 under the terms established in a put/call arrangement unveiled in 2019.

Disney noted the $438.7 million payment was substantially less than what Comcast had wanted. The deal is expected to close by July 24. Hulu launched as an NBCUniversal and Fox joint venture in 2008.

Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.

Disney to pay Comcast $438.7 million to take full control of Hulu, ending lengthy valuation process By Lillian Rizzo, CNBC • Published June 9, 2025 • Updated on June 9, 2025 at 4:37 pm ...