Comcast Corporation (NASDAQ:CMCSA), Walt Disney Company (The) (NYSE:DIS) - Why Comcast Could Be Ready To Cash In On Hulu Stake With Disney

Share:
The streaming market has seen explosive growth over the last few years. Hulu is one of the largest streaming companies and had a split ownership between media giants.
Now, Hulu could soon see sole ownership under the Disney umbrella.
What Happened: Hulu currently has split ownership between the
Walt Disney Co (NYSE: DIS) and
Comcast Corporation (NASDAQ: CMCSA). Comcast could be looking to sell its one third stake in the company anytime and also has a deal in place for 2024 that could require a sale.
“We have an exit opportunity in a couple of years, and that’s going to create – is creating real value for Comcast shareholders, which I don’t know whether it’s reflected in our price of the stock,” Comcast CEO Brian Roberts said at a recent conference.

Related Keywords

Brian Roberts ,Comcast Corporation ,Video Communications ,Walt Disney Co ,Comcast ,Disney ,Rich Greenfield ,Disney Hits ,Key Takeaways Of Investor ,Zoom Video Communications ,பிரையன் ராபர்ட்ஸ் ,காம்காஸ்ட் நிறுவனம் ,காணொளி தகவல்தொடர்புகள் ,வால்ட் டிஸ்னி இணை ,காம்காஸ்ட் ,டிஸ்னி ,பணக்கார கிரீன்ஃபீல்ட் ,டிஸ்னி வெற்றி ,விசை எடுத்துச் செல்லுதல் ஆஃப் முதலீட்டாளர் ,ஸூம் காணொளி தகவல்தொடர்புகள் ,