Part 1/11:
Disney and Comcast Accelerate Hulu Stake Sale, Moving Up the Deal to September 30th
In a surprising development announced this morning, Disney and Comcast have agreed to expedite the sale of Comcast’s remaining stake in Hulu, with negotiations now set to commence by September 30th—just 24 days from today—rather than the previously planned target of January 2024. This move signifies a strategic shift by both media giants amid evolving market pressures and internal considerations.