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.

  • Alien Nathan Edward
    2•8 months ago

    literally just cancelled disney+ last week. now they’re gonna buy hulu and jack the prices up?

    • @Asafum@feddit.nl
      1•8 months ago

      I would love to just get a tiny glimpse of the future in say 10-15 years. At this rate I would bet Disney will own literally all media of every type…

      We’ll have Disney Entertainment, Nestle Foods, Amazon Everything, and Musk Internet. That will be the entire economy.

      This is why I don’t look forward to the future lol

      • @Salamendacious@lemmy.worldOP
        2•8 months ago

        I don’t think musk will corner the Internet market. I don’t have a timeline in mind, and I could be wrong, but as established car makers start getting into the EV game with gusto I think Tesla could end up losing a lot of value and absorbed by one of the big international car manufacturers as their inhouse EV brand.

      • Alien Nathan Edward
        2•8 months ago

        this was always the end stage of capitalism: one megacorporation that everyone rents everything from, permanently entrenched and either in bed with a government they’ve bought and paid for or so powerful on its own that government dare not attempt to do anything to regulate it.

    • @Pipoca@lemmy.world
      1•8 months 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
        1•8 months 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?