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Disney buys Comcast's stake in Hulu for $9 billion

PRIVATEJun 13, 2025

Acquiring Company

Bob Iger and Josh Kushner

Acquired Company

Comcast

Los AngelesPhiladelphiaMedia And EntertainmentSoftwareMedia And EntertainmentGamingSportsMessaging And TelecommunicationsNewsEsportsWirelessTelecommunications

Description

Walt Disney Co has acquired Comcast's one-third stake in Hulu, negotiating the price down to about $9 billion from Comcast's initial $27.5 billion valuation. Disney secured this deal with about $5.852 billion in cash on hand. The acquisition follows a prolonged negotiation process. The payment includes an additional amount agreed upon post-arbitration.

Quick answer

Bob Iger and Josh Kushner is acquiring Comcast for $9 billion, announced June 13, 2025. Bob Iger and Josh Kushner is based in Los Angeles, California, United States.

How much did Bob Iger and Josh Kushner pay for Comcast?
The reported deal value is $9 billion.
What does Bob Iger and Josh Kushner do?
Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership.
Where are Bob Iger and Josh Kushner and Comcast based?
Bob Iger and Josh Kushner is based in Los Angeles, California, United States. Comcast is based in Philadelphia, Pennsylvania, United States.
Who are the decision-makers at Bob Iger and Josh Kushner?
Fundz holds 1 contact at Bob Iger and Josh Kushner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Bob Iger and Josh Kushner

Location

Los Angeles, California, United States

About

Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Both are now entering the sports industry with this acquisition. Their collaboration signifies a major investment in sports ownership.

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Frequently asked

Who acquired Comcast?

Comcast was acquired by Bob Iger and Josh Kushner, based in Los Angeles. The deal was reported on June 13, 2025. Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Bob Iger and Josh Kushner is privately held and operates in Media And Entertainment.

When did Bob Iger and Josh Kushner acquire Comcast?

Bob Iger and Josh Kushner's acquisition of Comcast was reported on June 13, 2025. Walt Disney Co has acquired Comcast's one-third stake in Hulu, negotiating the price down to about $9 billion from Comcast's initial $27.5 billion valuation. Disney secured this deal with about $5.852 billion in cash on hand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Comcast do?

Comcast Corporation is a global media and technology company. From the connectivity and platforms provided, to the content and experiences created, the businesses reach hundreds of millions of customers, viewers, and guests worldwide. It is publicly traded (CCZ), operating in Software, and is based in Philadelphia.

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