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.
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?
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Gimme a 🏴☠️! Gimme a 🧲! Gimme a 🌊!
Regulators: No. We’ll happily bust your asses instead.
LoL
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.
Oh no, luxury services that nobody needs at all will make profit because the average consumer will pay for it. Whatever shall we do.
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.