Advertisement
Singapore markets open in 6 hours 36 minutes
  • Straits Times Index

    3,144.76
    -38.85 (-1.22%)
     
  • S&P 500

    5,047.14
    -14.68 (-0.29%)
     
  • Dow

    37,759.29
    +24.18 (+0.06%)
     
  • Nasdaq

    15,858.49
    -26.53 (-0.17%)
     
  • Bitcoin USD

    62,584.93
    -879.75 (-1.39%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,820.36
    -145.17 (-1.82%)
     
  • Gold

    2,407.70
    +24.70 (+1.04%)
     
  • Crude Oil

    85.35
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.6510
    +0.0230 (+0.50%)
     
  • Nikkei

    38,471.20
    -761.60 (-1.94%)
     
  • Hang Seng

    16,248.97
    -351.49 (-2.12%)
     
  • FTSE Bursa Malaysia

    1,535.00
    -7.53 (-0.49%)
     
  • Jakarta Composite Index

    7,164.81
    -122.07 (-1.68%)
     
  • PSE Index

    6,404.97
    -157.46 (-2.40%)
     

Comcast in talks to sell Hulu stake to Disney

Comcast in talks to sell Hulu stake to Disney

Comcast is in talks about selling its 30 percent stake in Hulu to Disney, according to a report from CNBC this morning. Comcast is considering whether the timing is right for the sale, as Hulu's valuation could still increase over time. The report weighs the broader set of pro's and con's associated the potential deal, noting that retaining the stake could give Comcast a bargaining chip with Disney further down the road, among other advantages.