this post was submitted on 02 Nov 2023
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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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[–] qooqie@lemmy.world 177 points 10 months ago (7 children)

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.world 48 points 10 months ago* (last edited 10 months ago) (4 children)

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.

[–] andrew@lemmy.stuart.fun 4 points 10 months ago

You wouldn't download a TREE

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[–] pastermil@sh.itjust.works 13 points 10 months ago

Regulators: No. We'll happily bust your asses instead.

[–] avidamoeba@lemmy.ca 10 points 10 months ago
[–] chiliedogg@lemmy.world 6 points 10 months 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.world 4 points 10 months 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.

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[–] Diprount_Tomato@lemmy.world 85 points 10 months ago (1 children)

Something something monopoly

Something something your government should do something about it but it doesn't because it's controlled by big corpos

[–] phillaholic@lemm.ee 4 points 10 months ago (1 children)

Not really applicable here. Comcast went their own way with Peacock. CBS went with Paramount+. No idea what FOX is doing since they sold off their production to Disney.

[–] joshhsoj1902@lemmy.ca 7 points 10 months ago* (last edited 10 months ago) (7 children)

We're still looking at a monopoly from the perspective of accessing particular content.

We would all be more happier if the video streaming platforms operated closer to the music platforms where all platforms had mostly the same content, and we just got to pick the experience we want.

As is there is no choise if you're looking for something in particular, which is pretty similar to a monopoly.

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[–] the_q@lemmy.world 78 points 10 months ago (1 children)
[–] Rascabin@lemmy.ml 13 points 10 months ago (1 children)

I understand this reference.

[–] ada@lemmy.blahaj.zone 12 points 10 months ago (1 children)

I think they copied it from an online source...

[–] Cyberflunk@lemmy.world 58 points 10 months ago (1 children)

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.

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[–] serial_crusher@lemmy.basedcount.com 54 points 10 months ago (3 children)

Maybe they’ll roll Hulu’s content into Disney+ without raising prices.

Without raising prices, right?

[–] cashews_best_nut@lemmy.world 8 points 10 months ago (1 children)

They already do in the UK. 👍

[–] festus@lemmy.ca 4 points 10 months ago
[–] phillaholic@lemm.ee 6 points 10 months ago

If you mean not raising prices from what Disney+hulu costs, they probably will combine them for that price (or the bundle with ESPN)

But no, not for the price of Disney+

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[–] DrPop@lemmy.one 35 points 10 months ago (4 children)

Would this be a potential push to form a monopoly?

[–] avidamoeba@lemmy.ca 45 points 10 months ago* (last edited 10 months ago)

Always is. Competition isn't profitable.

[–] Evilcoleslaw@lemmy.world 18 points 10 months ago* (last edited 10 months ago) (7 children)

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.

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[–] obinice@lemmy.world 8 points 10 months ago

Don't they already basically have a monopoly? They can do anything they want, they own almost everything and are too big to fail.

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[–] kandoh@reddthat.com 30 points 10 months ago

I remember back in 2008 it was free and that's how I watched all of Veronica Mars

[–] 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).

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[–] hamsterkill@lemmy.sdf.org 4 points 10 months ago (2 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.

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[–] SeatBeeSate@lemmy.dbzer0.com 26 points 10 months ago (1 children)
[–] AngryCommieKender@lemmy.world 5 points 10 months ago (1 children)

Do they own Paramount as well? Why would the mouse kill the best modern derivative of Star Trek?

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[–] Waluigis_Talking_Buttplug@lemmy.world 23 points 10 months ago (1 children)

I've been looking into setting up a home server with Jellyfin and qBittorrent, so this just makes me feel better about that decision

I can upgrade my internet to gigabit and get rid of my two streaming services and save money. Win win, imo

[–] null@slrpnk.net 5 points 10 months ago (2 children)

Throw in overseerr/jellyseerr, sonarr, radarr, jackett/prowlarr, and you're cookin' with gas!

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[–] MrScottyTay@sh.itjust.works 19 points 10 months ago (1 children)

In the uk Hulu stuff is already on Disney+ as "Star". I imagine they want that in the US as well since it gives a lot of value to Disney+. I think it's better however... Monopolies and all that.

[–] Blackmist@feddit.uk 12 points 10 months ago (2 children)

For all the stuff Disney own, there sure is a lot of fuck all new on Disney+.

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[–] Yokozuna@lemmy.world 12 points 10 months ago (1 children)

Do what you want cuz a pirate is free.

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[–] Isakk86@lemmy.world 9 points 10 months ago* (last edited 10 months ago)

The FTC, "But Market consultation is great for the consumer, right?"

[–] LillyPip@lemmy.world 7 points 10 months ago (5 children)

Neat. I cancelled Hulu a few months ago, and this doesn’t make me regret my decision. I like some Disney content, but they’re corporate vultures and, based on their practices, they don’t deserve any loyalty.

And Comcast, of course, can fuck themselves to death. I wish this wasn’t an amicable takeover and Comcast would lose badly, but that’s just my murderous mouse fanfic.

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[–] BigTrout75@lemmy.world 6 points 10 months ago (1 children)

All I know is Charlie Brown Holiday cartoons are behind a pay way now

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[–] sodalite@slrpnk.net 6 points 10 months ago (1 children)

I'm wondering how this will affect Spotify, because back when I paid for Spotify it came bundled with Hulu.

[–] bobs_monkey@lemm.ee 17 points 10 months ago

It shouldn't. They're both separate entities and remain so, they just bundled themselves to entice customers.

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