Under the terms of the put/call arrangement, Disney expects it will pay NBCU approximately $8.61 billion, representing NBCU’s percentage of the $27.5 billion guaranteed floor value for Hulu that was set when the companies entered into their agreement in 2019
Comcast Corporation reported results for the quarter ended June 30, 2023, and revealed that the paid subscribers for its streaming service Peacock nearly doubled compared to the prior year period, adding 2 million users and reaching 24 million.
Comcast’s new President Mike Cavanagh unveiled a significant revamp of the company’s senior management ranks, with Donna Langley, Mark Lazarus and Cesar Conde gaining significant promotions.
Comcast unveiled Now TV, a new streaming offering that includes more than 40 live channels, plus more than 20 integrated FAST channels, and a subscription to Peacock Premium at no additional cost.