Could Disney Trade Hulu For the Hulk?
Once upon a time, the Walt Disney Company traded veteran sportscaster Al Michaels to NBC for the rights to Walt Disney’s original character Oswald the Lucky Rabbit.
Now, Wall Street insiders are wondering if the company may make another trade- this time for two of Marvel’s biggest characters.
Could Disney Sell Hulu?
Following Disney’s Q1 earnings call, business insiders began to wonder if Disney would look to sell its 67% stake in the streaming service Hulu in order to offset some of the company’s debt.
Currently, Comcast owns the other 33% of Hulu, and may find owning the streaming service outright more valuable than Disney does.
While Comcast potentially buying Hulu from Disney would not be earth shattering news, City analyst Jason Bazinet had an interesting spin on the deal.
Would Comcast Trade The Hulk (and Namor)
“While Disney owns all Marvel IP, Universal has distribution rights to Hulk and Namor,” the analyst wrote. “As such, if Disney makes a Hulk or Namor film, Comcast can distribute the film on Peacock. If Hulu is sold, Disney may use this as an opportunity to secure these distribution rights.”
Owning the distribution rights of Avengers stars Hulk and anti-hero Namor would certainly be appealing to Disney. Including the characters as part of a larger sale of Hulu would also be a win-win for the company who would offset their debt, and acquire valuable intellectual properties for the future.
If you are a fan of the MCU, and have wondered why Bruce Banner never got his own film, the complicated distribution rights surrounding the character are to blame.
Selling Hulu Could Raise Disney Stock Price
As an interesting addendum, Bazinet notes that a sale of Hulu could have a “wide rand of outcomes” for Disney stuck. With the potential to go down $3 or perhaps increase by $13.
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