Disney CEO Bob Iger's potential willingness to sell Hulu is a reversal in strategy
Publishing timestamp: 2023-02-10 07:46:53
Summary
Disney CEO Bob Iger has indicated that the company is open to selling Hulu, a stark reversal in strategy. Disney currently owns 66% of Hulu, with Comcast owning the rest. Comcast executives believe Hulu could supercharge its streaming efforts beyond Peacock. Iger and Comcast CEO Brian Roberts have a strong working relationship. Negotiations between the two companies may take place in order to agree on a conclusion for Hulu.
Sentiment: MIXED
Keywords: breaking news: business, walt disney co, business news, comcast corp, media, technology,
Source: https://www.cnbc.com/2023/02/10/disney-iger-hulu-strategy-comcast.html