Disney is about to own all of Hulu
www.theverge.com
Disney expects to pay $8 billion to get full ownership of Hulu.

Disney is about to own all of Hulu | Disney’s paying more than $8 billion for Comcast’s stake in Hulu.::Disney and Comcast have reached a deal on Hulu’s buyout. Disney expects to pay about $8.61 billion to get the 33 percent owned by Comcast as a result of their agreement in 2019.

  • qooqie@lemmy.worldEnglish
    1101·
    2 years ago

    This does not look like it’ll end up well for the consumer… can we please get some company busting going on in this current capitalistic hellscape?

    • Son_of_dad@lemmy.worldEnglish
      24·
      2 years ago

      By 2030:

      DISNEY BUYS RIGHTS TO OXYGEN ON PLANET EARTH, WILL BEGIN A $500/MONTH SUBSCRIPTION SERVICE CALLED DISNEY AIR, FOR ANY CUSTOMERS WHO WOULD LIKE TO LIVE ON.

    • chiliedogg@lemmy.worldEnglish
      4·
      2 years ago

      I don’t actually expect much to change for the consumer end on this one. Comcast had already started moving their content over to Peacock.

    • Pipoca@lemmy.worldEnglish
      41·
      2 years ago

      Disney already owned 66% of Hulu, and has run Hulu for years.

      They merged the engineering teams a few years ago. Honestly, separating Hulu from Disney right now would be way harder than turning them into one streaming service.

    • Earthwormjim91@lemmy.worldEnglish
      236·
      2 years ago

      Oh no, luxury services that nobody needs at all will make profit because the average consumer will pay for it. Whatever shall we do.