The Walt Disney Company CEO Bob Iger to Participate in the Morgan Stanley Technology, Media and Telecom Conference

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Walt Disney (DIS) 'may sell 67% stake in Hulu' - Citi

March 2, 2023 7:59 AM EST

Citi believes Walt Disney (NYSE: DIS) may sell its 67% stake in Hulu, analyst Jason Bazinet revealed on Thursday.

Bazinet also said Citi believes that, in parallel, they suspect Disney may secure the distribution rights to two Marvel characters held by Comcast Hulk and Namor.

"Based on Hulu's level of profitability, the sale... More