Disney Expects to Pay Comcast $8.6 Billion to Buy Out Hulu Stake

Disney is on the cusp of becoming the 100% owner of Hulu. The media conglomerate announced that it expects to pay $8.61 billion to Comcast to acquire the cable operator’s 33% stake in Hulu following Comcast’s Nov. 1 exercise of its right under the put/call arrangement between the two companies. Disney owned the other 66% […]