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Daniel Frankel

Roberts: Comcast 'Likely' to Sell Its Stake in Hulu to Disney

Brian Roberts of Comcast

Despite a series of breathless, counterintuitive reports over the past year, Comcast CEO Brian Roberts on Tuesday confirmed that his company will "more likely than not" execute a contractual clause that lets it sell its one-third stake in Hulu to controlling shareholder Disney. 

Speaking at the MoffettNathanson Technology, Media and Telecom conference in New York, Roberts said, “I think we have a very valuable position ... What would a willing buyer in a robust auction [for Hulu] pay?” 

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