Disney's Iger Would Consider Selling Hulu Stake - The Wrap

Feb 9, 2023 · Disney’s results, along with Iger’s comments and news that activist investor Nelson Peltz dropped his proxy fight following the quarterly report, helped life Disney shares by $2.53, or 2.3% ...

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Disney's Iger Would Consider Selling Hulu Stake - The Wrap

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Disney CEO Bob Iger On Possible Hulu Sale: Everything Is On

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Feb 9, 2023 · Amid the uncertainty about Hulu, Disney paid $900 million to Major League Baseball in November 2022 to buy out the league’s remaining 15% stake in BAMTech. All told, …

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Disney CEO Bob Iger Places Future Of Hulu In Comcast's Lap

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May 10, 2023 · Under a 2019 put/call agreement, Disney can buy out the NBCUniversal parent’s 33% minority stake in Hulu as early as January 2024 – and Comcast can require that Disney …

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Bob Iger Faces Disney+ Losses, The Hulu Question And A ... - The …

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Feb 8, 2023 · Under the put/call agreement from 2019, Disney guaranteed a sale price for Comcast’s Hulu stake that represents a minimum total equity value of $27.5 billion.

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Why Disney CEO Bob Iger Should Think Twice Before Dumping …

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Feb 9, 2023 · The chart shows how Hulu fits into Disney’s streaming strategy. While Disney+ relies more on movies (60.4% of its catalog demand comes from movies), Hulu’s catalog is …

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FAQs about Disney's Iger Would Consider Selling Hulu Stake - The Wrap Coupon?

Did Bob Iger sell Disney's stake in Hulu?

In an interview, CEO Bob Iger left the door open to selling Disney's stake in Hulu. That's a stark reversal from the company's very public position over the past several years. Iger's a shrewd negotiator, so his comments could be the first volley in a year-long game of chess. ...

Does Disney still own Hulu?

"What we're doing right now — because we own two-thirds of Hulu, and we have an agreement with Comcast that may result in us owning 100 percent — is we're really studying the business very, very carefully," Bob Iger told an investor conference. The fate of Hulu is still up in the air, Disney CEO Bob Iger said Thursday. ...

Can Comcast force Disney to Buy Hulu?

As it stands, Comcast can still force Disney to buy its 33 percent stake in Hulu next year per the terms of the put-call agreement. ...

Will Comcast sell Hulu?

The company is said to have hired Goldman Sachs to explore strategic options for its stake in Hulu, which could include a sale. Starting in January 2024, Comcast can use its put option to require Disney to buy its stake, or Disney can use its buy option to tell Comcast to sell its stake. ...

How much is Disney's stake in Hulu worth?

Under the terms of the Disney-Comcast deal for Hulu, the “guaranteed floor value” of Hulu is $27.5 billion, meaning Comcast’s stake is worth a minimum of roughly $9.2 billion. As of Dec. 31, 2022, NBCUniversal’s interest in Hulu was recorded on Disney’s financial statements at $8.7 billion, according to Disney’s latest 10-Q filing with the SEC. ...

Should Hulu be sold?

Selling Hulu would unwind this strategy, and it also may lead to cancellations of Disney+ and ESPN+. Disney has pushed its bundle of the three services for $12.99 per month (with ads). That's about a 50% discount to buying the three services separately, which would cost nearly $26. ...