Disney had estimated the value to be around $27.5 billion, while Comcast was looking for at least $40 billion. If Comcast’s side had won out, Disney would be looking at an additional payment of about $5 billion.

Disney and NBCUniversal filed a federal lawsuit against AI company Midjourney on Wednesday, June 11, claiming that

Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.

Disney and NBCUniversal sued an artificial intelligence developer for allegedly infringing on their protected works, the first Hollywood corporate titans to join a mushrooming legal war pitting copyright holders against AI upstarts.

Warner Bros. Discovery and NBCUniversal announced plans to spinoff their cable networks, a move that Disney CEO Bob

Disney’s Hulu acquisition is complete, setting the stage for global expansion, stronger bundles and a new era of streaming strategy.

Disney finalizes $439 million deal to acquire full ownership of Hulu from Comcast, ending years of joint control.