Disney said it had agreed to add $439 million to what it had already paid for the streaming service. Comcast had wanted $5 billion more.

Disney has agreed to pay Comcast $438.7 million to acquire Comcast's stake in streaming service Hulu. In 2023 Disney said it would buy Comcast's remaining stake in Hulu to take full ownership of the streaming service.

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

The Walt Disney Company (NYSE:DIS) is one of the best Dow stocks to invest in. The company has agreed to pay Comcast $438.7 million to buy out its remaining stake in the streaming service Hulu, ending a lengthy appraisal process.

Disney closed its deal with Comcast to buy out NBCUniversal's one-third stake in Hulu -- paying much less than NBCU sought.

The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, the deal is finally set to close.

Disney has consolidated ownership of Hulu, boosting its streaming portfolio. The Burbank giant will pay Comcast more than $9 billion for its stake in the streaming service behind "Only Murders in the Building.

Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.

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

While Comcast / NBCUniversal argued for a Hulu valuation that could’ve cost Disney another $5 billion on top of the $8.6 billion it had already paid, a third-party appraiser reached a number much closer to Disney’s.

The CEO also said that Disney+ will "probably" emulate Netflix and stop reporting subscriber numbers at some point, he noted during a CNBC appearance.