Disney is poised to buy out Comcast's remaining 33 percent stake in Hulu as early as Jan. 2024 as top execs haggle over the worth of the U.S.-only streaming service amid a slowing subscriber market.
Meanwhile, Comcast CEO Brian Roberts volleyed back with the idea that the telecommunications company, which owns NBCUniversal and Peacock, would like to buy out Disney’s majority stake and own Hulu itself — even though the likelihood of Disney selling off one of its major streaming assets is highly unlikely.
The volleying quotes, which were picked up by news outlets and on social media, served as a preview of the pending Disney–Comcast negotiations over Hulu that first began back in 2018. But Comcast never fully turned away from Hulu. Executives at the telecommunications company reportedly approached Disney about buying Hulu from Disney as part of the 2019 Fox acquisition, but Disney — which had a 66 percent stake in Hulu after the Fox deal — was not interested.
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