Disney, Comcast aim to resolve Hulu valuation


Upping the ante: Toy figures of people are seen in front of the Hulu logo. Hulu had 49.7 million subscribers at the end of Dec 2023, representing a growth of 2% from the September quarter. — Reuters

NEW YORK: Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to sources.

The move is in accordance with a deal the companies struck for Hulu last year.

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