![]() ![]() The two executives haven't spoken for about six months, according to a person familiar with the matter. Roberts and Disney CEO Bob Chapek are at the annual Sun Valley media conference this week. This dynamic has led to executives at both Disney and Comcast to at least evaluate alternatives. Wall Street wants to know, 'How many chips can you afford to have on the board at any given time successfully?'" "Is it a distributor of other products? Is it Disney's adult brand? It's hard enough to run a single major SVOD service. "Disney has never declared what its strategy is for Hulu," said Jon Miller, who served on Hulu's board from 2009 to 2012. In fact, the better Hulu performs, the more Disney will have to pay Comcast to buy the rest of it in 2024. There's little evidence investors care about Hulu's quarterly results. Hulu is U.S.-only, with just over 41 million subscribers.ĭisney is on the hook to pay billions of dollars for an asset that now seems like an awkward fit. Disney+ has become Disney's flagship subscription streaming offering, with 138 million global subscribers as of April 2. Greed corp trophy guide tv#Hulu seemed like a highly strategic asset as millions of Americans canceled cable TV in favor of free and subscription streaming services.įast forward three years, and the raison d'etre and future of Hulu is unclear to investors, analysts, media executives and even Disney employees. It would launch eight months later, in November 2019. ![]()
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