---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-013446"
form_type: "8-K"
ticker: "CMCSA"
cik: "0001166691"
company_name: "COMCAST CORP"
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:36:43.516838+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950103-23-013446
- form_type: 8-K
- ticker: CMCSA
- cik: 0001166691
- company_name: COMCAST CORP
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166691/000095010323013446/0000950103-23-013446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166691/000095010323013446/dp199910_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-013446
- JSON: https://secwatch.observer/filing/0000950103-23-013446.json
- Plain text: https://secwatch.observer/filing/0000950103-23-013446.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.