Comcast and Disney Accelerate Hulu Sale Talks, Value Estimated Above $30 Billion

Comcast will begin sale of its stake in Hulu to Disney on September 30th, much earlier than originally planned.
Both companies have initiated an appraisal process to determine Hulu's valuation, expected to exceed $30 billion.
Proceeds from the sale will allow Comcast to return capital to shareholders and Disney to gain full ownership of Hulu.
The accelerated timeline provides clarity for investors on the future ownership structure of the popular streaming service.
Hulu is poised for continued growth and synergies under Disney's full control as a key plank in its streaming strategy.