The Walt Disney Company. They already own your childhood, and very soon, they’ll own everything else. The entertainment titan has really blown up in the past 15 years or so, absorbing such companies as Pixar, Lucasfilm, Marvel Entertainment, and most recently, the majority of 21st Century Fox. They are also ready to pull down most of their Netflix content in favor of their own Disney+ service, where a huge chunk of their branded properties will likely land.
However, given that the Fox acquisition would give them plenty of less family-friendly content to share, some have been wondering just where they’d share that. Given that — along with Fox’s share — Disney now owns 60% of the streaming service Hulu, it seemed like that would be the natural place. If you had any doubts this would be the case, then here’s a new piece of news that may solidify that.
According to a new report from CNBC, Comcast is currently in talks to sell its own 30% stake in Hulu. This comes a week after AT&T sold its own 10% stake back to Hulu itself for $1.43 billion, putting Hulu’s value at $15 billion. Additionally, Comcast is launching its own NBCUniversal streaming service next year, which could lend some credibility to them wanting to their stake.
However, this deal is not a sure thing, and on a call earlier this morning, Comcast CEO Brian Roberts expressed his thoughts that Hulu was still a valuable company they’re happy to own a large chunk of.
As someone who genuinely likes all of NBC’s content on Hulu, I desperately hope this doesn’t happen. But in the age of streaming services, this bifurcation was inevitable. What do you think of this? Do you think this deal with Comcast will happen? Let us know down below!
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