ICYMI: Following up on Disney CEO BobIger's comments from earlier this month, Comcast CEO BrianRoberts offered an update on the Hulu situation and where things stand with Disney buying Comcast's shares in the streaming service. / DisneyPlus
Sounds like the love affair between The Walt Disney Company and Comcast over the future of Hulu is starting to heat up. Earlier this month, Disney CEOhad"cordial" and"constructive" discussions with Comcast about buying out the latter's 1/3 stake in the streaming service . Iger's comments came during the same earnings call when it was also confirmed that Disney+, ESPN+, and Hulu would all be under one app by the end of the year.
During the MoffettNathanson's Technology, Media and Telecom Conference in New York earlier today, Comcast CEOmade it sound like they're looking to deal – depending on how some really big numbers play out."I think it's more likely than not," Roberts shared in response to Comcast selling its shares to"The Mouse.
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Comcast will likely sell Hulu stake to Disney at the beginning of 2024, CEO Roberts saysDisney already owns a two-thirds stake in Hulu and has operational control over the streaming service.
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