Disney DISASTER! Billions in cash needed for ‘kingmaker’s asset’ Hulu, stock DESTROYED!

by 09.28.2023

Disney needs BILLIONS in cash to pay off Comcast and they need it NOW! In February, 2023 Disney chief executive Bob Iger surprised employees and investors by saying that “everything is on the table” regarding the future of Hulu, adding that its content was “undifferentiated”. Many assumed Iger was ready to jettison the streaming service. But just three months later, Iger said his remarks had been “a little harsh,” insisting he was planning to keep Hulu and integrate it with the Disney+ app. Iger is not fooling anyone, and he needs to find the cash for Comcast now or he may lose Hulu!

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