Disney, Comcast’s NBCU hit impasse in Hulu talks, WSJ reports

Disney (DIS) and Comcast’s (CMCSA) NBCUniversal have hit an impasse in their discussions to resolve ownership of Hulu, with the companies significantly disagreeing over how to value the streaming service, The Wall Street Journal’s Amol Sharma, Lauren Thomas, and Jessica Toonkel report. The companies are in the late stages of a complex process to determine how much Disney, which owns two-thirds of Hulu, should pay to acquire the remaining one-third stake held by Comcast, according to the report, which adds that both companies have hired banks to appraise Hulu’s total value and the prospect of a court battle is being raised. Comcast’s side has valued Hulu at north of $40B, while Disney’s estimate was around $27.5B, according to people familiar with the situation.