01:00 PM EDT, 05/31/2024 (MT Newswires) -- Walt Disney ( DIS ) and Comcast's ( CMCSA ) NBCUniversal have reached a standstill in talks to resolve Hulu's ownership due to a significant disagreement over how to value the streaming service, the Wall Street Journal reported Friday, citing people familiar with the situation.

The stalemate raises the prospect of taking the matter to court, the people told WSJ.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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