Comcast to Sell Hulu Stake to Disney in 2024
TL;DR Summary
Comcast CEO Brian Roberts has confirmed that the company is likely to sell its 33% stake in Hulu to Disney at the beginning of 2024, with the final price expected to be higher than the $27.5bn valuation set in 2019. Hulu is Disney's adult-focused streaming service, bundling with ESPN+ and Disney+ for as low as $12.99 monthly. Comcast and Disney have discussed Hulu this year, Disney CEO Bob Iger said last week.
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- Disney likely to buy large stake in Hulu from Comcast Yahoo Finance
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