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Wajeeh Khan

Disney Is Taking Full Control of Hulu. How Should You Play DIS Stock Here?

DIS Disney Hulu Jim Cramer Alan Gould Entertainment Loop Capital

Disney (DIS) shares are in the green today following news the entertainment and media giant has agreed to pay nearly $439 million to take full control of Hulu.

Investors are cheering the announcement since they had expected Disney to pay significantly more for Comcast’s (CMCSA) stake in Hulu. Plus, this payment wouldn’t pressure the company’s prior guidance for fiscal 2025. 

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