Advertisement
Singapore markets open in 6 hours 28 minutes
  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     
  • S&P 500

    5,063.39
    -7.16 (-0.14%)
     
  • Dow

    38,433.92
    -69.77 (-0.18%)
     
  • Nasdaq

    15,682.59
    -14.04 (-0.09%)
     
  • Bitcoin USD

    64,659.09
    -2,132.70 (-3.19%)
     
  • CMC Crypto 200

    1,398.42
    -25.68 (-1.80%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Gold

    2,336.60
    -5.50 (-0.23%)
     
  • Crude Oil

    82.91
    -0.45 (-0.54%)
     
  • 10-Yr Bond

    4.6600
    +0.0620 (+1.35%)
     
  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     
  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

How Disney’s Stake in Hulu Will Double after the Fox Deal

How Disney’s Stake in Hulu Will Double after the Fox Deal

Among the assets it’s acquiring, Disney will buy Fox’s stake in Hulu, one of the most popular video streaming service providers and one of Netflix’s rivals. Hulu is owned by four different companies: Fox, Comcast (CMCSA), and Disney each own 30% of the online video service, while Time Warner (TWX) owns a 10% stake in Hulu.