Warner Bros. Discovery and NBCUniversal announced plans to spinoff their cable networks, a move that Disney CEO Bob

Disney had estimated the value to be around $27.5 billion, while Comcast was looking for at least $40 billion. If Comcast’s side had won out, Disney would be looking at an additional payment of about $5 billion.

Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.

Disney and NBCUniversal filed a federal lawsuit against AI company Midjourney on Wednesday, June 11, claiming that

Walt Disney and Comcast’s NBCUniversal have sued artificial intelligence company Midjourney, accusing the image generator of copying their copyrighted characters without permission. The studios are seeking a preliminary injunction to block Midjourney from using their intellectual property.

Disney’s Hulu acquisition is complete, setting the stage for global expansion, stronger bundles and a new era of streaming strategy.

Disney finalizes $439 million deal to acquire full ownership of Hulu from Comcast, ending years of joint control.