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Disney is about to own all of Hulu | Disney’s paying more than $8 billion for Comcast’s stake in Hulu. (www.theverge.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[–] just_another_person@lemmy.world 29 points 10 months ago (3 children)

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.

[–] deus@lemmy.world 27 points 10 months ago (3 children)

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.

[–] menemen@lemmy.world 11 points 10 months ago* (last edited 10 months ago)

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).

[–] Sir_Kevin@lemmy.dbzer0.com 3 points 10 months ago

Yeah but those are mostly shit.

[–] Stoney_Logica1@lemmy.world 1 points 10 months ago

HBO is Discovery now I believe...

[–] hamsterkill@lemmy.sdf.org 4 points 10 months ago (1 children)

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.

[–] Stoney_Logica1@lemmy.world 1 points 10 months ago (1 children)

HBO is part of Warner which is part of Discovery (I think).

[–] hamsterkill@lemmy.sdf.org 1 points 10 months ago

Right, I said Warner has Max for their streaming service.

[–] Copernican@lemmy.world 1 points 10 months ago

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.