The stakes are especially high for the studio, caught between how to use artificial intelligence in the filmmaking process ...

The company also got a boost from completing its sale of Hulu to Disney in the second quarter. Earnings season is officially ...

After targeting Paramount and Disney, FCC Chairman Brendan Carr is eyeing Comcast’s NBCUniversal and its network of local ...

Comcast said second quarter profit was boosted by its sale of its remaining stake in Hulu to Disney even as it grappled with ...

In 2023 Disney announced it intended to buy Comcast's 33% stake in Hulu. At the time, Disney paid $8.6 billion, which reflected Hulu's guaranteed minimum value of $27.5 billion.

Disney had paid $8.6 billion in 2023 for the minority stake, but Comcast had asked for $5 billion more, which sent the issue to arbitration over the appraised value. Disney has had operating control ...

Comcast's offer, launched Feb. 11, had never been considered seriously by the Disney board, which rejected it unanimously on Feb. 16 as too low. Disney's stock rose higher than Comcast's offer on ...

But on Thursday Wall Street seemed to cheer the idea of Comcast moving deeper into a bidding war with Disney over Sky and possibly all of the Fox assets included in the $52.4 billion deal that Fox ...

Disney has agreed to pay Comcast $438.7 million for its stake in the streaming service Hulu, concluding a years-long appraisal process. Stream Los Angeles News for free, 24/7, wherever you are. In ...