News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[ToTBellHop]

Reuters reports Disney and Comcast are now in talks to hire an investment bank that will independently value Hulu.

https://www.reuters.com/business/media-telecom/disney-comcast-seek-advisor-resolve-hulu-valuation-sources-say-2024-05-06/

I’d be happy to independently value it for them and I only cost $50.

 

[MisterPenguin]

Reuters reports Disney and Comcast are now in talks to hire an investment bank that will independently value Hulu.

https://www.reuters.com/business/media-telecom/disney-comcast-seek-advisor-resolve-hulu-valuation-sources-say-2024-05-06/

The difference between the two valuations is about $12B. So, even using the highest valuation, Disney would be on the hook for paying Comcast another $3B. It could also mean nothing more if the third valuation was at the minimum.

 

[_caleb]

Happy Profitability Day!

Disney's streaming business turns a profit in first financial report since challenge to Iger

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year. While...

finance.yahoo.com

 

[MR.Dis]

The difference between the two valuations is about $12B. So, even using the highest valuation, Disney would be on the hook for paying Comcast another $3B. It could also mean nothing more if the third valuation was at the minimum.

And remember, it is not valued as of today but as of the date they made the agreement. It already appears for all the smoke that Hastings was blowing, the value is not going to that much higher -- whatever value is decided Comcast gets one third minus of course whatever they already were paid. So on the high end it could be 3B, Hastings was making noises back in a day they could be getting 10+ billion more. Looks like he was drawing to an inside straight and we gamblers all know what happens in that case LOL.