Morningstar - Comcast Corporation Class A (CMCSA) Comcast Gives Disney Control of Hulu for a Piece of the Upside; Firms Focused on Their DTC Efforts

Report

Morningstar

Michael Hodel

EUR 100.00 For Business Accounts Only

Comcast Gives Disney Control of Hulu for a Piece of the Upside; Firms Focused on Their DTC Efforts

Disney and Comcast have agreed on a unique and complex deal that immediately hands over operational control of Hulu to Disney while providing Comcast the ability to monetize some of the upside in Hulu. The deal will help Disney reach its goals for Hulu, which it views as the third leg in its direct-to-consumer efforts along with Disney+ and ESPN+. On the other side, Comcast can now fully focus on its NBCUniversal streaming service, which will launch in mid-2020. We are maintaining our wide moat ...

14/05/2019 17 EN

Underlying

Comcast Corporation Class A

Comcast is a media and technology company. The company's segments are: Cable Communications, which provides internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers; NBCUniversal, which includes a portfolio of national cable networks that provide a variety of entertainment, news and information, and sports content, regional sports and news networks, international cable networks, and cable television studio production operations; and Sky, which owns a portfolio of pay television channels that provide entertainment, news, sports and movies.

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US20030N1019 NASDAQ Stock Market United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Michael Hodel

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Comcast Gives Disney Control of Hulu for a Piece of the Upside; Firms Focused on Their DTC Efforts

Comcast Post-2Q25 Model Update

CMCSA: Thoughts following the 2Q25 call

CMCSA 2Q25 Quick Take Strong results; Broadband losses lower; EBITDA beat

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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