Bob Iger: “Everything” is On the Table with Hulu
This morning, activist investor Nelson Peltz dropped his bid to join Disney’s board and wished CEO Bog Iger the best. Iger then spoke to CNBC’s David Faber about Hulu and Disney’s plans for it. Check out an excerpt here:
Iger called Hulu “a very successful platform, and I think a good consumer proposition. But everything’s on the table right now.”
Faber said that the assumption is that Disney will buy out Comcast’s stake next year. “I’m suggesting that isn’t necessarily the case,” Iger responded.
“I’m not gonna speculate about whether we’re a buyer or seller of it,” Iger added. “I obviously have suggested that I’m concerned about undifferentiated general entertainment, particularly given the competitive landscape that we’re operating in, and we’re going to look at it very objectively.”
I can only imagine Disney would sell Hulu if it would save them more money than they would lose. The Disney bundle, including Hulu and ESPN+, seems to be a big deal, and they push it like crazy. I don’t know much about Peltz and his attempts to join the board, but unlike some, I’m not heartened. I won’t have more faith in Disney and its acquired properties until the output improves.
But what do you think? Talk to us in the comments below!
