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The plaque is seen in the Paramount Theater in Tamount Studios in Tamount Studios on April 7, 2019.
Rachel Murray | Getty pictures
Disney agreed to pay Comac The streaming service broadcast as a result of years of assessment for years, $ 438.7 million for its share.
Disney in 2023 declared Comcast’s Hulu intends to get a 33% share. At that time, Disney, Hulu’un pay $ 27.5 billion worth $ 27.5 billion. The two companies agreed on this floor in 2019.
Disney’s announcement came as no surprise as it was broad declare By CNBC and others wanted to have a complete possession of Disney Hulu. Disney took two-thirds of Hulu acquisition Fox Corp.’s entertainment assets.
Following this initial payment, Disney and Comcast, first entered the expected assessment process in 2024.
Disney, the appraiser obtained an assessment at the bottom of the warranted floor, the evaluation of Comcast NBCuniversal, evaluated with the assessment of a guaranteed floor value. “According to a SEC document, the process ended with the third estimator on Monday.
The final transaction is expected to close on July 24 or before. Disney will notice the payment of “Disney”, “Net income concerned with Disney’s net income.” Disney is not expected to affect the management for adjustable earnings for FISCAL 2025.
“We are nice, finally solved. We had a productive partnership with NBCuniversal and we wish them success,” said Disney CEO Bob Iger.
The new, completed apple, Hulu and Disney + open the content of the “deeper and more vast integration”, as well as the other ESPN called ESPN, a direct consumer stream application.
Disney has already started integrate A bunch with ESPN +, the two serves available with the sport prepared.
Comcast’s Nbcuniversal, since the beginning of 2020, Tovuzu, Tovuzu was aimed at building peacock.
“Hulu was an excellent start for us in the flow of about $ 10 billion in revenue for the comcast and NBCuniversal’s audience created an important audience for world-class content,” said Disney’s Hulu, and appreciate the co-operative way to manage the partnership of our teams. “
According to the latest earnings report of Disney, Hulu had more than 50 million subscribers from March 29. In general, Disney, Disney + ‘from the collection of 180.7 million flowers. Comcast, in April, said that this was 41 million subscribers of Tovuz.
Disclosure: Comcast, CNBC’s company is NBCuniversal.