Announced
Financials
Tags
Acquisition
Majority
Single Bidder
Pending
Friendly
United States
Entertainment
digital entertainment
media company
Private
Domestic
Synopsis
The Walt Disney Company, a mass media and entertainment conglomerate, agreed to acquire the remaining 33% stake in Hulu, an American subscription streaming services provider, from NBC Universal, a Comcast-backed mass media and entertainment conglomerate, for $8.61bn. Under the 2019 deal, either NBCU or Disney could initiate the transaction as soon as November 1 - a timetable that was accelerated from the initial date of January 2024.
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