{"id":68891,"date":"2023-11-02T16:46:53","date_gmt":"2023-11-02T16:46:53","guid":{"rendered":"https:\/\/celeband.com\/?p=68891"},"modified":"2023-11-02T16:46:53","modified_gmt":"2023-11-02T16:46:53","slug":"disney-to-buy-out-comcast-for-full-ownership-of-hulu","status":"publish","type":"post","link":"https:\/\/celeband.com\/entertainment\/disney-to-buy-out-comcast-for-full-ownership-of-hulu\/","title":{"rendered":"Disney To Buy Out Comcast for Full Ownership of Hulu"},"content":{"rendered":"

Disney has revealed its plans to buy out Comcast and assume full ownership of Hulu. The company will pay NBC Universal approximately $8.61 billion USD for Comcast\u2019s 33% stake.<\/p>\n

In its announcement, Disney said that the acquisition of Hulu at \u201cfair market value\u201d would serve to \u201cfurther Disney\u2019s streaming objectives.\u201d<\/p>\n

Following AT&T\u2019s sale of its own share of Hulu in 2019, Disney and Comcast were the sole owners of the streaming platform. Per the terms of the agreement, however, Comcast would be able to require Disney to buy its share of Hulu as early as January 2024. Disney also had the authority to force Comcast to sell its stake.<\/p>\n

While the exact terms of the newly announced deal weren’t revealed, Disney reported that it plans for the acquisition to go through sometime in the 2024 calendar year.<\/p>\n

In other entertainment news, another John Wick<\/em> TV series is currently in the works.
\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Disney has revealed its plans to buy out Comcast and assume full ownership of Hulu. The company will pay NBC Universal approximately $8.61 billion USD for Comcast\u2019s 33% stake. In its announcement, Disney said that the acquisition of Hulu at \u201cfair market value\u201d would serve to \u201cfurther Disney\u2019s streaming objectives.\u201d Following AT&T\u2019s sale of its own share of Hulu in […]<\/p>\n","protected":false},"author":2,"featured_media":68890,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"\nDisney To Buy Out Comcast for Full Ownership of Hulu - CELEBAND<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/celeband.com\/entertainment\/disney-to-buy-out-comcast-for-full-ownership-of-hulu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disney To Buy Out Comcast for Full Ownership of Hulu - CELEBAND\" \/>\n<meta property=\"og:description\" content=\"Disney has revealed its plans to buy out Comcast and assume full ownership of Hulu. 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