The Mouse is stacking up the cheese with its latest acquisition of the one-third of Hulu it didn’t already own. Comcast came to an agreement with Disney to sell their stake for an expected $8.6 billion. Good deal for Comcast, but how’s it looking for Disney. Sure, now they have a streaming destination for all of their content from ABC that they can sell against subscriptions on Hulu, and Disney+ can be their family and child-safe streaming service.
The big questions now are:
- How is Disney going to pay for the acquisition?
- What are they going to do with ESPN (spin it off as it’s own company, then IPO it would be my recommendation)
- And will they double-down on their parks, resorts, and cruise line?
Disney to acquire remaining stake in Hulu for expected $8.6 billion