Disney expects to pay $8 billion to get full ownership of Hulu.

Disney’s paying more than $8 billion for Comcast’s stake in Hulu.

  • blackwateropeth@lemmy.world
    34·
    1 year ago

    I’m about to start cutting everything lol. I’d rather be bored instead of buying another sub human CEO a fifth yacht. Bottom line go brr? Nah fam count me out.

  • snekerpimp@lemmy.world
    362·
    1 year ago

    “Everyone is leaving Disney+, but keeping Hulu, we must own Hulu so we can make it seem like our subscribers line went up!”

    • Moobythegoldensock@lemm.ee
      21·
      1 year ago

      Comcast made the deal to sell their shares to Disney back in 2019. This was supposed to happen in 2024, but both companies agreed to move up the deadline.

    • Staccato@lemmy.world
      6·
      1 year ago

      Sorry guys it’s my fault. I canceled my D+ from my Hulu account when the prices went up. Didn’t realize Disney would stage a full-on takeover of Hulu to get me back.

    • clearleaf@lemmy.world
      2·
      1 year ago

      “Alright now that we fully control Hulu, let’s make some changes around here to REALLY make that line go up.”

  • xpinchx@lemmy.world
    22·
    1 year ago

    Thanks for the reminder to cancel Disney+ I just saw my last invoice went up to like $27/mo or something. Fuck all this lol.

  • oakey66@lemmy.world
    121·
    1 year ago

    Disney already over saturated marvel and Star Wars. I can’t wait for them to ruin regular tv streaming.

    Piracy about to make a huge comeback.

  • psychothumbs@lemmy.worldEnglish
    10·
    1 year ago

    Huh I wonder if there’s even any point in hulu continuing to exist in that case - why not just combine it with disney+?

  • nowwhatnapster@lemmy.world
    61·
    1 year ago

    Curious, I see most people complaining about this merger, but I have also seen the argument that there are too many streaming services with exclusive content. Wouldn’t this acquisition work towards consolidating content again under one subscription. Similar to how Netflix used to be the main player in the space before competition came along.

    I only have spotify at the moment. I used to Netflix and Hulu.

    • edgemaster72@lemmy.worldEnglish
      9·
      1 year ago

      The problem isn’t so much the number of streaming services as it is the fact that they’re all vertically integrating so each has their exclusive content and is the only game in town to get it. If production and distribution were broken up so that the same content were available from a number of competing platforms, it wouldn’t matter that there were “too many” because you wouldn’t feel like you needed them all to avoid missing out.

      • dogebread@lemm.ee
        3·
        1 year ago

        A world where you could picked based on the user experience of the apps instead of slice of content? Sign me up. To hell with that HBO Max app.

  • MacAttak8@lemmy.world
    5·
    1 year ago

    Does this mean Disney will be moving most/all their content to Disney+ in the US like it is in other countries? Isn’t Hulu a predominantly American used streaming service?

  • XbSuper@lemmy.worldEnglish
    2·
    1 year ago

    I’m so glad we don’t have Hulu in Canada, it makes Disney actually worth it. I don’t think I’d be willing to pay for either if the content was split. As it is, it’s my most used streaming service. I hear the common thought is it’s just for kids, but that couldn’t be further from the truth, there’s a ton of adult stuff on there (I don’t even have kids).

    • Pipoca@lemmy.world
      1·
      1 year ago

      Disney used to own 66% of Hulu. All they did was buy the remaining 33% of it.

      All this really changes is a bit of accounting and divying up the profits. Disney rolled Disney Streaming and Hulu into one combined engineering team several years back. They own ESPN, too.

      • Alien Nathan Edward@lemm.ee
        1·
        1 year ago

        So when Disney’s price hike doesn’t produce the amount of new money that selling the same thing is expected to produce do you think they’ll just take it on the chin and say “Oh well, we’re already very profitable and successful we dont need extra money” or do you think they’ll raise the price of Hulu while cutting the quality of service?

  • pandacoder@lemmy.world
    11·
    1 year ago

    Until you hiked my bundle from $7.50 to $19/mo I was a loyal customer who supported you getting sued and broken up.

    Now I just can’t wait for you to grow large enough that you get broken up and I give you zero shekels.