Comcast is reportedly holding talks with Disney to sell its 30% stake in Hulu

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Comcast is reportedly holding talks with Disney to sell its 30% stake in Hulu
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The report comes a week after AT&T sold its 9.5% stake in Hulu to the two remaining owners, Disney and NBCUniversal, for $1.43 billion.

Comcast is holding talks with Disney to sell its 30% stake in Hulu, CNBC reported.

The report comes a little over a week after AT&T sold its 9.5% stake in Hulu to the joint venture's two remaining owners, Disney and NBCUniversal, for $1.43 billion. That deal valued Hulu at $15 billion. A Comcast rep declined to comment on the CNBC report, referring to Roberts' comments. Hulu declined to comment. A rep for Disney didn't respond to a request for comment.

AT&T sold WarnerMedia's stake in Hulu to help pay down its debt and, given Hulu's ongoing losses, the telco was a ready seller. Note that the WarnerMedia stake was sold to both Disney and Comcast — rather than to Disney alone — which suggested NBCU wants to remain a player in Hulu.

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