May 14, 2019 / 02:00PM GMT
Michael Brian Nathanson - MoffettNathanson LLC - Founding Partner & Senior Research Analyst
Okay. Thank you. My next guest needs no introduction. Bob, thank you for being here. We're really excited. And as part of the conference, he made some news today. So again, thank you for that.
Questions and Answers:
Michael Brian Nathanson - MoffettNathanson LLC - Founding Partner & Senior Research AnalystSo he made a big announcement about Hulu's future. For those who haven't checked their phone in the past hour, can you tell us a bit about what the benefits are from this agreement today?
Robert A. Iger - The Walt Disney Company - Chairman & CEO
Sure. Assuming everybody knows what we did, in concluding an arrangement with Comcast to ultimately buy them out of their 33% -- 33.33% share of Hulu, we get full operational control from day one, which enables us to run it in ways that obviously gives access to a number of things, both strategically and otherwise.
A lot of synergies involved with it. I