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[-] moobythegoldensock@geddit.social 71 points 11 months ago* (last edited 11 months ago)

May Even Try to Sell Entire Disney Company

In India.

Misleading title is misleading.

[-] JoumanaKayrouz@lemmy.world 22 points 11 months ago

Damn, I was going to buy it too.

[-] moobythegoldensock@geddit.social 10 points 11 months ago

You should still consider it. I hear it’s only going to cost about tree fiddy.

[-] DrNeurohax@kbin.social 1 points 11 months ago

Oh, well that sounds reaso... heyyy wait a minute....

does that include tax?

[-] moobythegoldensock@geddit.social 1 points 11 months ago

Well, it was about that time that I notice that the tax collector was about eight stories tall and was a crustacean from the protozoic era.

[-] DrNeurohax@kbin.social 1 points 11 months ago

God damn Loch Ness monstuh! Now git outta here and stop tryinna ttake mah money!

[-] TheOneCurly@lemmy.theonecurly.page 20 points 11 months ago

Selling distribution seems like a decent move. Focus on production and sell to every other steamer.

Selling the whole company is click bait. Even Apple (suggested in the article), doesn't have the cash or desire to buy Disney outright. At best it would look like a merger and be mostly stock but it'd still be monumentally stupid for everyone.

[-] realcaseyrollins@narwhal.city 6 points 11 months ago

Yep, production is where the money's at. Paramount/Viacom figured this out long ago, with their CBS strategy of making cheap crappy shows with 25 episode seasons and then pawning them off on cable TV for syndication

[-] EyesEyesBaby@lemmy.world 11 points 11 months ago

I always thought Netflix and Disney+ were the only profitable streaming services. Turns out Disney+ is making huge losses.

Netflix and Hulu are the only ones making a profit.

[-] realcaseyrollins@narwhal.city 6 points 11 months ago

I didn't even know that there were profitable streaming services

[-] echoplex21@lemmy.world 6 points 11 months ago

I knew about Netflix but had no idea Hulu was profitable as well. I wonder what Comcast will do with their stake in Hulu then.

[-] HobbitFoot@thelemmy.club 3 points 11 months ago

Hulu has kept away from a lot of prestige television. It will continue existing series and make new series based on established creators, but it doesn't seem to go for the high spectacle that other streamers do. It also has long term deals to stream TV shows.

I think Comcast is looking to sell its stake as long as it is a minority shareholder to Disney. However, it may want to keep Hulu around to ensure that Hulu's content doesn't get swallowed up by Disney+.

[-] echoplex21@lemmy.world 6 points 11 months ago

You know I felt the same way about Hulu too but my friend shared their subscription and I found a decent amount of shows I’d consider “prestige”.

Atlanta

The Bear

What We Do in the Shadows

Handmaids Tale (haven’t watched in a while)

Only Murders in the Building

Devs

Dave

11.22.63

Legion

[-] yessikg@lemmy.blahaj.zone 3 points 11 months ago

A lot of those are fx shows, hulu just has the streaming rights

[-] HobbitFoot@thelemmy.club 3 points 11 months ago

Maybe I'm wrong, but it looks like they could make a lot of their shows for cheap. The writing could be prestige level, but they may be able to control costs better.

[-] YoBuckStopsHere@lemmy.world 2 points 11 months ago

Netflix and Hulu will eventually win the streaming wars. Disney owns most of Hulu though.

[-] midway@soapbox.midwaytrades.com 8 points 11 months ago

In the ultimate twist of irony, George Lucas buys Disney for $1B less than he received for selling them LucasFilms. :)

[-] realcaseyrollins@narwhal.city 3 points 11 months ago

That's the good ending

[-] exohuman@programming.dev 4 points 11 months ago

The article mentions maybe selling to Apple. I hope not. Apple is already too big. Apple + Disney would be entirely too large a monopoly.

[-] legion@kbin.social 6 points 11 months ago

Apple TV is actually good especially for sci-fi. They'd probably make Star Wars not suck again

[-] QHC@kbin.social 3 points 11 months ago

Apple would be a better custodian of Disney content than Disney themselves, at least.

[-] keeb420@kbin.social 2 points 11 months ago

Id love to see the orville under apple.

[-] ClarkDoom@lemmy.world 2 points 11 months ago

I guess this is a weird one because I think apple runs it’s streaming service the best out of all of them. They seem to actually let creatives control the shows instead of strong-arming them with an army of producers. Plus, apple wouldn’t buy all of Disney, just part of the entertainment division.

[-] LazaroFilm@lemmy.film 2 points 11 months ago

He’s that worried of loosing his house now?

[-] realcaseyrollins@narwhal.city 1 points 11 months ago

He should be. Disney is clearly in trouble.

[-] maxmustermann@shitposter.club 1 points 11 months ago
[-] realcaseyrollins@narwhal.city 1 points 11 months ago

I hope not, because having more players in the space is better than losing one, but it's seeming like at the very least Disney will be stepping back.

I think the best case scenario though is just for Disney to give the properties they bought from Fox Corp back to them.

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this post was submitted on 17 Jul 2023
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