The Walt Disney Company on Wednesday announced that it will purchase Comcast’s remaining stake in Hulu for USD 8.61 billion. “…If the value is ultimately determined to be greater than the guaranteed floor value, Disney will pay NBCU its percentage of the difference between the equity fair value and the guaranteed floor value.” The entertainment giant says that the timing of the appraisal process is “uncertain”, but Disney anticipates it to be completed by 2024. In a press release, Disney says this move will further the company’s streaming objectives. The company previously reported in August that Disney+ lost over 10 million subscribers in large part due to the Indian market. Disney+ also introduced an ad-supported tier in the US, and Disney’s upcoming earnings call will provide insight whether it achieves the same traction as Netflix does. One of the fruits of Globe's partnership with Disney is a branded smartphone offered exclusively under the telecom's postpaid plans. Here's our review of the Disney Mobile smartphone. The speaker grille is near the bottom while a shiny Disney Mobile branding sits just above it. Read more in our articles including "Disney to acquire all of Hulu for $8.61 billion" and "Disney Mobile Smartphone Review".
The Walt Disney Company on Wednesday announced that it will purchase Comcast’s remaining stake in…
Nov 2, 2023
One of the fruits of Globe’s partnership with Disney is a branded smartphone offered exclusively…
Jun 22, 2016
When you own a company, a good advertising move is to set up a website…
Apr 13, 2018
Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings, Inc. (RRHI) to…
May 8, 2026
Shopee has launched the official Beats Flagship Store in the Philippines, expanding access to the…
Apr 29, 2026
Lenovo has announced a global partnership with David Beckham. The collaboration focuses on the use…
Apr 2, 2026The Walt Disney Company on Wednesday announced that it will purchase Comcast’s remaining stake in Hulu for USD 8.61 billion. “…If the value is ultimately determined to be greater than the guaranteed floor value, Disney will pay NBCU its percentage of the difference between the equity fair value and the guaranteed floor value.” The entertainment giant says that the timing of the appraisal process is “uncertain”, but Disney anticipates it to be completed by 2024.
In a press release, Disney says this move will further the company’s streaming objectives. The company previously reported in August that Disney+ lost over 10 million subscribers in large part due to the Indian market. Disney+ also introduced an ad-supported tier in the US, and Disney’s upcoming earnings call will provide insight whether it achieves the same traction as Netflix does.
Our coverage of The Walt Disney Company includes: "Disney to acquire all of Hulu for $8.61 billion"; "Disney Mobile Smartphone Review"; "Keep hackers away from your company website". Each article provides unique insights and information.