Under Terms Of Arrangement, Disney Expects To Pay NBC Universal $8.61B
Portfolio Pulse from Benzinga Newsdesk
Disney has agreed to pay NBC Universal $8.61 billion under the terms of a new arrangement.
November 01, 2023 | 8:33 pm
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POSITIVE IMPACT
NBC Universal, owned by Comcast, is set to receive $8.61 billion from Disney under a new arrangement.
The receipt of $8.61 billion from Disney could potentially boost NBC Universal's, and by extension Comcast's, financials in the short term, possibly leading to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Disney's new arrangement with NBC Universal involves a payment of $8.61 billion.
The payment of $8.61 billion to NBC Universal could potentially impact Disney's financials in the short term, possibly leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100