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

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.

After more than two years of haggling, Disney has finally closed its deal with Comcast to buy out NBCUniversal’s one-third stake in Hulu — and Disney is paying much less than it would if NBCU had its druthers.

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 transaction gives Disney complete ownership of Hulu, allowing for more integration with the Disney+ streaming service.

Disney will pay Comcast nearly $439 million to take full control of Hulu after a lengthy appraisal process, setting the stage for a unified streaming strategy with Disney+ and ESPN.

Disney is set to pay Comcast $438.7 million to take over Hulu, which will expand its size in the linear and streaming space.

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

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