Comcast updates on Hulu put/call valuation process; floor value $27.5B

COMCAST CORP

NBCU (Comcast) can put its 33% Hulu stake to Disney in Nov 2023 at a value at least $27.5B.
Valuation date is Sept 30, 2023; Disney disclosed valuation methodology in a Sept 8 filing.
Fair Market Value determined by investment banks; if within 10%, average; else third bank.
Methodology includes sale process, going-concern, and historical/projected financials.
No definitive value yet; process could result in Disney buying NBCU's Hulu interest.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.