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Disney is set to acquire Comcast's stake in Hulu.

Cedar Fair and Six Flags are reportedly in talks to become one.

And there's a report that the DOJ is probing Live Nations deals with artists and venues.

Disney says it expects to pay about 8.61 billion dollars to NBC Universal to acquire its one-third stake in Hulu.

The announcement follows Comcast's widely expected move to take advantage of a November

first trigger date to exercise its right to engineer the sale of its

stake. Part of a unique put call arrangement Comcast and Disney entered into years

ago when Disney bought out the other major partner Fox and the company then known as Time Warner sold out of its stake.

Disney expects to pay the $8.61 billion by December 1st.

It says the sum marks NBC used part of the 27.5 billion dollar guaranteed floor value for

Hulu to which the companies agreed in 2019,

minus anticipated outstanding capital call contributions

payable to Disney by NBCU.

However, Disney could pony up somewhat more than that sum.

Comcast in recent months has been floating a significantly higher valuation for

Hulu and two weeks ago the companies hired outside banks to help them arrive at a fair valuation.

Those parties will value Hulu as of September 30th,

and if they arrive at a valuation greater than 27.5 billion dollars,

Disney will pay NBCU its percentage of the difference.

Disney said that the appraisal process timing is uncertain, but it should be completed

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