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.
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It’s a condition for me at this stage. I dropped Netflix for fucking around with Jojo, pricejacking, and more.
Hulu went up a dollar last year, but somehow needed to go up three dollars this year. I’ve been an honest consumer since getting spotify, but this year I added a bunch of extra storage to my computer with nothing to fill it.
Disney isn’t allowed to take away Big Sexy
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I’m back to where I started, 100% 🏴☠️. I tried to play nice for about 3 years only to get fucked about every year. No more.
I have no issues paying for Spotify. Even with their recent rate increases, it’s still a one-stop shop for pretty much all of my listening needs. That’s worth paying for.
When it comes to visual media if there was an option that could give me what Spotify gives me I would gladly pay for the service.
From what I’m seeing the high seas are once again the only place that I can get everything I want in one place.
I remember back in 2008 it was free and that’s how I watched all of Veronica Mars
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?
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.
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.
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Gimme a 🏴☠️! Gimme a 🧲! Gimme a 🌊!
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.
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=nXNOyknNwlQ
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
You wouldn’t download a TREE
Either this option or choose the slightly cheaper but riskier life deprivation option of being a Musk Mars Slave. Hopefully the plan of Susan B. Anthony dollar suicide booths will have been fleshed out and running by then.
LoL
Regulators: No. We’ll happily bust your asses instead.
Oh no, luxury services that nobody needs at all will make profit because the average consumer will pay for it. Whatever shall we do.
I’m wondering how this will affect Spotify, because back when I paid for Spotify it came bundled with Hulu.
It shouldn’t. They’re both separate entities and remain so, they just bundled themselves to entice customers.
Silly Monopoly
Ahoy.
I understand this reference.
I think they copied it from an online source…
Yarr!
This is the best summary I could come up with:
The entertainment giant announced Wednesday that it “expects it will pay” $8.61 billion to acquire Comcast’s 33 percent stake, giving Disney full ownership of Hulu.
Both Disney and Comcast agreed to an appraisal process that will evaluate Hulu’s equity fair value as of September 30th.
The deal was initially set to take place in 2024, but Comcast and Disney agreed to move the date to September 30th.
“That was just a hypothetical that we picked five years ago,” said Comcast CEO Brian Roberts during an investors conference in September.
With Hulu barely seeing a shift in subscribers last quarter, Disney announced a price hike across all of its streaming services and hinted at a password-sharing crackdown.
Disclosure: Comcast’s NBCU division is a minority investor in Vox Media, The Verge’s parent company.
The original article contains 279 words, the summary contains 131 words. Saved 53%. I’m a bot and I’m open source!
They’ve won the game at that point. Only Paramount and Netflix will be the holdouts, and this all just turns into another $100/mo package like cable.
How was there ever an end where a 100 dollar a month cable package is cheaper than all TV programmers having to make their own apps and direct to consumer distribution channels. It’s all the same TV with more operational overhead than having cable be the single pipe to distribute all content. The difference was steaming used to augment cable revenue. Now it is replacing cable revenue and that revenue goal hasn’t changed.
Comcast has mostly moved over to using Peacock already, I think. Warner Bros is also separated with Max. And of course Amazon/MGM is doing their own thing as well.
HBO is part of Warner which is part of Discovery (I think).
Right, I said Warner has Max for their streaming service.
Apple TV+ and Amazon Prime aren’t going anywhere since their parent companies have infinite money to burn on streaming. For this reason alone I think these two services are more likely to survive in the long run than Disney+ or Netflix. There’s also Max, which has some great content but I’m not as confident it’ll still be around in 10 years.
In Europe there is also sky, who has all rights on HBO stuff here and thus can hold out despite its terrible player. Also DAZN for sport events. Both are imo completely relying on third parties though (sky on HBO and dazn on the leagues).
Yeah but those are mostly shit.
HBO is Discovery now I believe…
Do what you want cuz a pirate is free.
I wish I could but I don’t have the necessary skill set to sail the seas. I’ve never understood how some users were able to travel or use the system differently than others. For example, Ive played Zelda for months, and everything I build is utter crap compared to what I see in Top Gaming Plays. Some people are just wired differently. I’ve put in the same amount of time as other players and while they are flying around in jets I’ve got two fans and a flystick.
Will Disney+ survive this?
In other parts of the world Hulu content is already on Disney+
Would this be a potential push to form a monopoly?
Don’t they already basically have a monopoly? They can do anything they want, they own almost everything and are too big to fail.
How so? They already had a majority stake in Hulu as part of the Fox acquisition. Originally Hulu was 30% Disney, 30% Fox, 30% Comcast, 10% private equity. Hulu purchased back that 10% stake before Disney purchased Fox.
When the Fox deal closed Disney owned 70% of the company, and it was announced that the earliest they could buy out Comcast’s stake was 2023/2024. The writing has been on the wall ever since.
A Disney monopoly in streaming? Further consolidation wouldn’t be the worst thing at this point. There are too many competing services.
Hulu was always Disney though. It was there content that started with it. Buying Fox was the consolidation.
Oh no no no no no, they’ll still exist, it will all just be owned by Disney
So just cable 2.0, I’m sure they wouldn’t screw us again right? /s
Have you looked at Hulu’s add-ons? You can get sports packages, movie packages, random-ass-bunch-of-channels packages. Sound familiar?
This is just techbros inventing stuff… They invented taxi (Uber), bed and breakfast accomodation (Airbnb), food delivery etc…
Holy shit Airbnb sure is shitty af
Always is. Competition isn’t profitable.
No way! How could you say that?
The FTC, “But Market consultation is great for the consumer, right?”
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All I know is Charlie Brown Holiday cartoons are behind a pay way now
