CHATTER AWAY: Overnight Open Thread

The Hollywood Reporter reports:

Disney has agreed to take full control of Hulu in a deal with Comcast, which has owned a third of the streamer ever since Disney’s acquisition of the 21st Century Fox entertainment assets. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the Bob Iger-led company said in a statement on Wednesday.

In the filing Wednesday, Disney said that it expects to pay $8.61 billion by Dec. 1 (meeting the floor valuation), though it will go through the appraisal process to determine the final appraisal of Hulu’s value, and how much (if any) the company will need to pay beyond the $8.61 billion number.

Read the full article.

Disney to Buy Full Control of Hulu In Deal With Comcast https://t.co/YDhFei9USP

— The Hollywood Reporter (@THR) November 1, 2023