Comcast is in talks to sell its 30% stake in Hulu to Disney [CNBC]

Comcast is in talks to sell its 30% stake in Hulu to Disney [CNBC]

By Alex Sherman

April 25, 2019 | Comcast has had a frustrating run as a partial owner of video streaming platform Hulu, but that doesn’t make the decision to sell its minority stake in the company any easier.

Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Comcast is now weighing the pros and cons of doing a deal now rather than later, said these people, who asked not to be named because the discussions are private. It’s still unclear if a deal will transpire.

Read more on CNBC.

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