Advertisement
Canada markets open in 3 hours 32 minutes

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7270
    +0.0006 (+0.08%)
     

  • CRUDE OIL

    83.18
    +0.45 (+0.54%)
     

  • Bitcoin CAD

    89,239.34
    +4,516.08 (+5.33%)
     

  • CMC Crypto 200

    1,333.52
    +20.89 (+1.62%)
     

  • GOLD FUTURES

    2,398.40
    +0.40 (+0.02%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     

  • NASDAQ futures

    17,443.75
    -103.50 (-0.59%)
     

  • VOLATILITY

    19.49
    +1.49 (+8.28%)
     

  • FTSE

    7,835.13
    -41.92 (-0.53%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6816
    -0.0005 (-0.07%)
     

Comcast in talks to sell its stake in Hulu to Disney: CNBC

Reuters
FILE PHOTO: The NBC and Comcast logo are displayed on top of 30 Rockefeller Plaza, formerly known as the GE building, in midtown Manhattan in New York July 1, 2015. REUTERS/Brendan McDermid/File Photo

(Reuters) - Comcast Corp is in talks to sell its stake in Hulu to Walt Disney Co, CNBC reported on Thursday, citing people familiar with the matter.

The report comes 10 days after Hulu bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion.

With Comcast's stake, Disney will now have a 90 percent share in Hulu.

Comcast, Hulu and Disney did not immediately respond to requests for comment.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Sriraj Kalluvila)