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Disney and Comcast Aren't Mutually Exclusive in Media Universe, Cramer Says

Walt Disney (DIS - Get Report) and Comcast (CMCSA - Get Report) "can coexist", Jim Cramer said Wednesday, even though the two media companies seem to be pursuing similar strategies, including the prospect that Comcast could be looking to build out its modest animated films business with a reported interest in acquiring DreamWorks Animation (DWA - Get Report) .

"Disney's stock has been going up for some time," Cramer said. "There's only one line that needs to be fixed," he added, pointing to its ESPN cable network...