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Maroc Maroc - THESTAR.COM.MY - Tech - 07/Aug 15:42

Disney may have to pay $5 billion more for Comcast's Hulu stake

(Reuters) - Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast's minority stake in Hulu, if an appraiser were to agree with Comcast's assessment that the stake should be valued at more than $40 billion. Earlier this year, Disney and Comcast hired investment bank RBC Capital as the independent appraiser to resolve a dispute over how to value the 33% stake in the streaming platform, according to people familiar with the matter. Reuters was first to report in May that Disney and Comcast were seeking to hire an independent adviser. Read full story

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