Disney And Comcast Tens Of Billions Apart In Hulu Valuations; RBC Capital Selected As Independent Appraiser; Final Negotiations Hit Impasse
Portfolio Pulse from Benzinga Newsdesk
Disney and Comcast are tens of billions apart in their valuations of Hulu, leading to an impasse in final negotiations. RBC Capital has been selected as the independent appraiser to resolve the valuation dispute.
May 31, 2024 | 4:42 pm
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NEUTRAL IMPACT
Comcast is in a valuation dispute with Disney over Hulu, with tens of billions of dollars in disagreement. RBC Capital has been appointed as the independent appraiser to resolve the issue.
The valuation dispute and the involvement of an independent appraiser introduce uncertainty, which could lead to short-term volatility in Comcast's stock price. However, the long-term impact will depend on the final valuation and resolution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Disney is in a valuation dispute with Comcast over Hulu, with tens of billions of dollars in disagreement. RBC Capital has been appointed as the independent appraiser to resolve the issue.
The valuation dispute and the involvement of an independent appraiser introduce uncertainty, which could lead to short-term volatility in Disney's stock price. However, the long-term impact will depend on the final valuation and resolution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100