Just How Important Could Hulu Be for Disney?
As Walt Disney’s (DIS) stake in Hulu is set to double if Disney’s deal with Twenty-First Century Fox (FOX)(FOXA) goes through, it’s important to examine Hulu closely to see what kind of business Disney is seeking to double its exposure to. Disney’s $52.4 billion acquisition of most of Fox’s assets is expected to take its stake in Hulu from 30% to 60%. What’s interesting in all this is that Disney is looking to double its stake in Hulu while it’s planning to roll out its own Hulu challengers as soon as next year.