迪士尼：付4.387亿美元收Hulu余股，增强流媒体话语权

Core Viewpoint - Disney has agreed to pay approximately $438.7 million to acquire the remaining shares of Hulu from Comcast's NBCUniversal, which will give Disney full control over the streaming platform [1] Group 1: Acquisition Details - The transaction is expected to be completed by July 24, 2023, after which Disney will fully control Hulu [1] - In 2023, Disney announced the acquisition of Comcast's 33% stake in Hulu for $8.6 billion, with Hulu's guaranteed minimum value set at $27.5 billion [1] - A valuation dispute arose during the assessment process, with Disney's appraiser providing a lower valuation than the minimum value, while Comcast's appraiser estimated a value significantly above the minimum [1] Group 2: Financial Impact - The payment for the acquisition will be recorded under "net income attributable to non-controlling interests," which will reduce Disney's net income for the third fiscal quarter but is not expected to affect the adjusted earnings guidance for fiscal year 2025 [1] - As of March 29, Hulu had over 50 million subscribers, contributing to Disney's total streaming subscriptions of 180.7 million, primarily from Disney+ [1] Group 3: Market Position - Disney+ launched ESPN+ in 2018 and planned to acquire a majority stake in Hulu in 2019, subsequently launching Disney+ at the end of that year [1] - In the first quarter, Disney+ added 1.4 million subscribers, reaching a total of 126 million, while Hulu added 1.3 million subscribers, marking a 3% growth [1] - Comcast's NBCUniversal has focused on developing its own streaming service, Peacock, which reported 41 million subscribers in April [1]