Walt Disney Co (NYSE:DIS) today revealed that it has finalized a $439 million deal with Comcast (CMCSA) to finalize its full acquisition of Hulu.
U.S. equities were mostly edging higher at midday as the market continued to wait for updates on U.S.-China trade talks. The S&P 500 and Nasdaq were up slightly, and the Dow Jones Industrial Average was near flat.
Simon Gallagher, Former Hulu executive, joins 'Money Movers' to discuss Disney finalizing its acquisition of Hulu and what it means for the company.
Entertainment Industry | Communication Services Sector | Mr. Robert A. Iger CEO | BVL Exchange | US2546871060 ISIN |
US Country | 177,080 Employees | - Last Dividend | 13 Jun 2007 Last Split | - IPO Date |
The Walt Disney Company, a pioneer in the entertainment industry, offers a diverse range of entertainment and media services globally. With operations segmented into Entertainment, Sports, and Experiences, Disney has cemented its legacy in producing and distributing a variety of film and television content, as well as offering theme park experiences and consumer products. Founded in 1923 and headquartered in Burbank, California, Disney's influence spans across various media platforms, including streaming services, television networks, and theme parks, showcasing its remarkable ability to evolve with changing industry trends while maintaining its stronghold in entertainment.