Hulu Deal May See Disney Having to Kick In More: LightShed's Greenfield
Disney might have to pay Comcast an additional $4.2 billion to $5.8 billion for its share of Hulu atop the agreed-upon price, LightShed Management's Rich Greenfield wrote Thursday. Disney announced Wednesday it was buying Comcast's 33% stake for $8.61 billion,…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
with the potential of having to pay more after an appraisal of the streaming platform's fair value is done. Disney said the appraisal should be completed sometime in 2024. Greenfield said the challenge in putting a value on Hulu is its deep integration within Disney and the benefits it brings Disney through bundling with Disney+ and ESPN+ and through its Hulu+ Live TV virtual MVPD service. He calculated it ultimately could be worth $40 billion to $45 billion.