Disney already counts Hulu among its properties when bragging about streaming numbers, but the truth is, they’re sharing the service with Comcast right now. The telecom giant is interested in a sale and says it expects a “big check” from Disney The Hollywood Reporter.
Comcast currently owns a 33% stake in Hulu, with the rest owned by Disney. As of January 2024, House of Mouse can buy out Comcast and take complete control of the service.
“We believe [Hulu] is worth a lot of money because it’s being sold under full control, as if you were auctioning it off,” Jeff Shell, CEO of NBCUniversal, said at a recent conference. “And I don’t think there’s any indication that anything is going to happen other than when Disney wrote us a big check for the asset in 24.”
Executives from both companies have been playing merger chess with the services for the past few months, trying to find an ideal market value for the service. Comcast CEO Brian Roberts said Comcast might be interested in Hulu if it were put up for sale, while former Disney CEO Bob Chapek said he would buy Comcast’s stake sooner rather than later.
THR reports that Chapek’s predecessor (and successor), Bob Iger, described himself at a recent town hall as “very, very comfortable with every one of the assets that we have.” So it remains to be seen if Hulu is going anywhere any time soon. In the meantime, check out our lists of the best action, sci-fi, and horror movies on Hulu.
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