Comcast May Hang On To Hulu Stake; Latest On Dmexco’s Feud With Founders

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Full Stream Ahead

It would make sense for Comcast to swap its 30% stake in Hulu to Disney to pay down the debt from its $40 billion acquisition of Sky TV, but don’t expect that to happen any time soon. If Comcast sold its Hulu stake, Disney would claim near-full ownership of the OTT platform, of which it now owns 60%, of thanks to its acquisition of 21st Century Fox. Comcast still earns a lot from NBCU content on Hulu, and even more important is what it learns about streaming viewership and subscriber trends. “If Disney had total control of Hulu, with its 20 million U.S. subscribers, it wouldn’t need a new, Disneyflix platform,” writes The Wall Street Journal. “As things stand, it isn’t in Disney’s interests to invest too heavily in a platform from which Comcast benefits.” More.

Dmexco Dust Up

The dispute between Dmexco organizer Koelnmesse and conference founders Christian Muche and Frank Schneider continues. Followers of the saga will recall that Koelnmesse surprisingly fired Muche and Schneider about a year ago over an alleged contract violation. The Cologne Court of Appeals found there was no such violation, and in the latest update, the Chamber of Commerce associated with Cologne found that Koelnmesse’s termination of Muche and Schneider was unfounded. In a statement, Muche and Schneider said they’re going after money owed and damages. “This will be negotiated in early December in the same chamber, seeking EUR 8 million in restitution. Already during the negotiation of our fee the court has made it clear that the further proceedings can only be about the amount of damages.” More.