Disney isn’t done wheeling and dealing yet.
The word is Disney is in talks to buy the 30% stake of Hulu that’s held by Comcast.
When Disney bought 20th Century Fox they inherited 60% of Hulu but now they want it all and it’s causing their stock to rise.
Hulu has grown in subscribers and value over the years and Disney is making it a point to be a major player in the streaming industry.
Do you like what Disney is doing these days? Do you subscribe to Hulu?
Walt Disney Co. is in talks to acquire the 30% stake in Hulu held by Comcast Corp., a deal that would hand over complete control of the video-streaming service. https://t.co/z4rLQQjNjr
— Los Angeles Times (@latimes) April 25, 2019