Streaming Dominance May Boil Down to 1 Surprising Factor
There's no denying Hulu is a well-respected name within the streaming industry, serving as the initial alternative to pioneer Netflix (NASDAQ: NFLX). However, Hulu isn't exactly at the heart of any discussions regarding the future of the business.
But perhaps it should be.
That's the takeaway from comments recently made by Walt Disney (NYSE: DIS) CEO Bob Chapek and Comcast (NASDAQ: CMCSA) chief Brian Roberts, anyway. The top executives of the two companies that co-own Hulu both recently expressed interest in outright owning all of the streaming platform and its 46 million subscribers. Shareholders of either company may want to keep an eye on this developing story, since Hulu seems to represent the last chance to stake a sizable claim in the maturing streaming market.
Source Fool.com
