Things have gotten interesting with the Walt Disney Company lately.
Hi, Mickey!
Recently, we saw Disney’s stock prices drop lower than we’ve seen them in about 9 years, and at the Q3 earnings call for fiscal 2023, we learned that overall revenue isn’t as high as the company was hoping it would be when Bob Iger returned as CEO about a year ago. Earlier this year, we heard talk of Disney hoping to acquire more stakes in Hulu, which they already own about two-thirds of. Comcast owns the other third. Disney and Comcast signed an agreement to begin sale talks as early as 2024. Now, there’s been a change regarding the negotiation talk between Disney and Comcast.
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