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

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

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

Comcast’s mobile-service business, Xfinity Mobile, gained 378,000 lines in the quarter, more than analyst expectations of a ...

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 ...

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 ...

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 has agreed to pay Comcast $438.7 million for its stake in the streaming service Hulu, concluding a years-long appraisal process. In 2023 Disney announced it intended to buy Comcast's 33% ...