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Disney CEO weighing future of Hulu, FT reports
The Fly

Disney CEO weighing future of Hulu, FT reports

Disney (DIS) CEO Bob Iger is weighing the future of its majority stake in Hulu, The Financial Times’ Anna Nicolaou and Christopher Grimes reports. According to people familiar with the matter, some of America’s most prominent media executives have counseled Iger to sell the platform, while some also suggest Iger spin off ESPN. Disney owns two-thirds of Hulu, while Comcast (CMCSA) holds the remainder. Iger told investors last week that he is "studying" Hulu "very, very carefully," the report notes. Reference Link

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