The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, the deal is finally set to close.

While Comcast / NBCUniversal argued for a Hulu valuation that could’ve cost Disney another $5 billion on top of the $8.6 billion it had already paid, a third-party appraiser reached a number much closer to Disney’s.

Disney has consolidated ownership of Hulu, boosting its streaming portfolio. The Burbank giant will pay Comcast more than $9 billion for its stake in the streaming service behind "Only Murders in the Building.