DIS Acquires Full Ownership of Hulu, Strengthens Streaming Position
Schwab Network · Schwab Network
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Show Notes
Walt Disney (DIS) closes a deal for full ownership of Hulu, paying $438.7M for Comcast's (CMCSA) remaining stake. Sam Vadas joins Nicole Petallides at the NYSE set to look at the streaming deal's finer points. Sam says she's looking to CEO Bob Iger's commentary for further clues in its business, including subscriber growth for Disney+ and ESPN's streaming offerings. Later, Tim Biggam provides an example options trade via a put diagonal with a neutral to bearish stance.
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