Here's What Happening Between Comcast's NBCUniversal And Hulu - Comcast (NASDAQ:CMCSA), Walt Disney (NYSE:DIS)

Comcast Corp's CMCSA NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's DIS Hulu, the Wall Street Journal reports.
NBCUniversal could end up shifting high-profile programming to its Peacock streaming platform under the plan.
Comcast, which owns a third of Hulu, launched Peacock less than two years ago, while Disney, which owns the rest, introduced Disney+ in late 2019.
Disney+ had nearly 130 million subscribers globally, while NBCU had over 9 million people were paying for Peacock.
Peacock had 24.5 million monthly active accounts at the end of 2021 versus Disney at 129.8 million.
Comcast is doubling its content spending for Peacock to $3 billion this year, even betting on a series of high-profile sporting events. Comcast looks to increase its domestic content spending to $5 billion for Peacock.
This year, NBCUniversal aims most Universal movies available for streaming on Peacock as soon as 45 days after their theatrical release.
NBCUniversal has until February 11 to inform Disney of its plans as both sides continue to negotiate the deal.
If NBCUniversal chose to ditch the plan, they would remain on Hulu through 2024.
Removing some NBC content could lessen the value of NBCUniversal's stake in Hulu when it attempts to negotiate a valuation.
Price Action: CMCSA shares closed lower by 1.74% at $48.92 on Thursday.