Comcast CEO Indicates High Probability of Selling Hulu Stake to Disney.

Comcast CEO Brian Roberts said it is "more likely than not" that the company will sell its minority stake in Hulu to Disney. Under the joint ownership agreement, Comcast could require Disney to buy out its stake in the streaming service as early as January 2024. Hulu would be priced at a guaranteed minimum equity value of $27.5 billion. Roberts believes a Hulu sale "will be good for our shareholders" as the company focuses on its own streaming offering, Peacock, which currently boasts around 22 million paying users.