Bob Iger is Looking at Buying Out Comcast’s Stake in Hulu. The Walt Disney Company CEO spoke during a Morgan Stanley investors call yesterday about the future of the Parks and how price increases may have gone too far. Furthermore, he discussed pricing and Disney +, then switched directions and made some comments about the future of Disney’s ownership of Hulu.
In a Variety Report from the meeting, they had this roundup to share.
Regarding the fate of Hulu, Iger reiterated that the company is continuing to examine whether Disney will seek to buy out Comcast’s 33% stake in Hulu or whether it will look to exit the streamer. “We are really studying the business very, very carefully,” he said.
He called Hulu “a solid platform” with strong original programming and library content, which is also a very attractive platform for advertisers. “But the environment is very, very tricky right now and before we make any big decisions about our level of investment, our commitment to that business, we want to understand where it could go,” Iger said.
Related: Disney CEO Bob Iger Wants to Improve Guest Experiences
Bob Iger is Looking at Buying Out Comcast’s Stake in Hulu
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