Disney and Comcast Enlist Third-Party Advisor for Hulu Valuation Amid Dispute

The media giants seek an independent financial advisor to resolve significant valuation differences for Hulu's 33% stake.

Disney and Comcast are in talks to hire a financial advisor to determine the value of Hulu, following a disagreement over its worth.
JPMorgan valued Hulu at approximately $27.5 billion for Disney, while Morgan Stanley estimated it over $40 billion for Comcast.
The discrepancy in valuations arises from a 2019 agreement that allows for a third-party appraisal if initial estimates differ by more than 10%.
Hulu, now integrated into Disney+, has grown its subscriber base to 49.7 million as of December 2023.
The final valuation could significantly impact the financial terms of Disney's acquisition of Comcast's remaining stake in Hulu.