📅 Comcast (CMCSA) and Disney (DIS) fast-tracked their timeline to decide Hulu’s ownership, moving the discussion to September 30, months ahead of the original January 2024 deadline. 📈 Initially, the deal valued Hulu at a cool $27.5 billion. But Comcast’s CEO, Brian Roberts, hinted that the platform’s worth has skyrocketed since. After all, who wouldn’t want a piece of the streaming pie, especially when it’s second only to Netflix (NFLX)? 🤝 The valuation isn’t just about the app. It’s also about the content, much of which Disney provides. And let’s not forget Hulu’s bundling with Disney+ and ESPN+, which could make it even more enticing for potential buyers. |
