Disney Gains Full Operational Control of Hulu

[Immortal Weapon]

https://variety.com/2019/digital/new...al-1203214338/

Disney stuck a deal with Comcast. The change is immediate and within five years Disney will buy out their shares of Hulu for $5.8 billion.

The mouse quest to buy the world continues.

[AndrewCrossett]

Then Amazon will buy Disney and Jeff Bezos will ascend to godhood.

[Vakanai]

Then Amazon will buy Disney and Jeff Bezos will ascend to godhood.

Eh, smart money is on the Mouse buying Amazon, but still Bezos godhood either way.

Maybe Alexa will get an option to talk in a Minnie Mouse voice.

[Doctor Know]

Odd.

Wasn't it reported that Disney is billions in the hole starting their Disney plus streaming service to compete with Netflix? Now they by out Hulu?

Why?

[Jokerz79]

Odd.

Wasn't it reported that Disney is billions in the hole starting their Disney plus streaming service to compete with Netflix? Now they by out Hulu?

Why?

They got majority stock control with the Fox merger and just made a deal with Comcast to officially run Hulu and the actual buyout won't be for 5 years. I think since the merger was announced it was assumed this would happen and Hulu would be home for Disney's R rated material just surprised Comcast made it so easy given their previous bad blood.

[Doctor Know]

They got majority stock control with the Fox merger and just made a deal with Comcast to officially run Hulu and the actual buyout won't be for 5 years.

Thanks for the info.

That's crazy stupid money. Does Disney really need all that?

[Gorthon616]

Odd.

Wasn't it reported that Disney is billions in the hole starting their Disney plus streaming service to compete with Netflix? Now they by out Hulu?

Why?

TBH, I don't think Disney+ can "complete" with Netflix, in the grand scheme of things. What it can do is given them a higher return for their intellectual property, which is what I think that it's for. They just don't want Netflix or other streaming services getting a cut of their profits.

Hulu, imo, is where they want to compete with Netflix.

[choptop]

Eh, smart money is on the Mouse buying Amazon,.

Lol ya that's never going to happen.