Disney to pay a 438.7 million dollars to control Holo, and to end the evaluation process

Disney Agree to pay Pom 438.7 million dollars for its share in the Holo live broadcast service, as it concluded a year evaluation.

In 2023 Disney Declare It was aimed at purchasing a 33 % comation in Hulu. At that time, Disney paid $ 8.6 billion, reflecting the guaranteed minimum value of 27.5 billion dollars. The two companies approved that floor in 2019.

Disney’s announcement was not as wide as it was I mentioned By CNBC and others that Disney was looking to obtain a full ownership of Hulu. Disney acquired two -thirds of Holo’s ownership when acquired Fox Corp. entertainment assets.

After that, the initial batch, Disney and Comcast entered into an evaluation process that was originally expected to conclude in 2024.

Disney said that the appraiser had reached a lower assessment of the guaranteed floor, while the octagon for the Komca from NBCuniversal “has reached an evaluation that exceeds the value of the guaranteed floor.” This operation was concluded by the third octagon on Monday, according to the SEC report.

The final treatment is expected to be closed on July 24 or before. Disney will be recorded in “net income that is attributed to non -control interests”, which will then reduce the “net income attributed to Disney” in a statement of the income of the third financial quarter. It is not expected to affect Disney’s previous financial profits 2025.

“We are pleased that this has recently been solved. We had a fruitful partnership with NBCunivesal, and we wish them good luck,” Disney CEO Bob Egger said in a statement.

Iger added that the complete acquisition process paves the way for “deeper and smoother integration” for the Hulu and Disney+ content, in addition to applying the direct ESPN flow to the next consumers, called ESPN.

Disney has already started to merge The two current service, which are also served in a package with ESPN+, the current sports broadcast.

COMCAST has focused on building a broadcast service, Peacock, since its launch in 2020.

“Holo was a great start for us in broadcasting, which has achieved nearly $ 10 billion of COMCAST revenues and created an important audience for NBCUNIVERIVERSAL on a global level.” “We wish Disney well with Holo and we appreciate the cooperative method in which our partnership teams manage.”

Holo had more than 50 million subscribers as of March 29, according to Disney’s profit report. In total, Disney had 180.7 million subscribers flowing, and the largest part of Disney+comes. Komca stated in April that the peacock had 41 million subscribers.

Disclosure: COMCAST NBCUNIVERISAL, CNBC’s parental company.