![]() In the filing Wednesday, Disney said that it expects to pay $8.61 billion by Dec. As per an agreement between the two companies, Hulu was set to get a fair market value assessment from independent experts, but the guaranteed minimum Hulu valuation of $27.5 billion means that Disney knew it had to cough up at least $9 billion. Starting in November, Comcast has had a put option to require Disney to take over its stake, while Disney has had the right to tell Comcast to sell it its stake. Wall Street has over the past year repeatedly discussed Hulu’s future due to its shared ownership and put and call options. Wall Street Likes Bob Iger's Disney Growth Vision, So Far “We look forward to the appraisal process and the determination of Hulu’s fair market value which we expect will reflect the extraordinary value of the business,” Comcast said in a statement. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the Bob Iger-led company said in a statement Wednesday.Ī securities filing confirmed that NBCUniversal triggered the purchase earlier in the day. Disney has agreed to take full control of Hulu in a deal with Comcast, which has owned a third of the streamer ever since Disney’s acquisition of the 21st Century Fox entertainment assets. ![]()
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