DrPop@lemmy.one 1 year ago
Would this be a potential push to form a monopoly?
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. The writing has been on the wall ever since.
A Disney monopoly in streaming? Further consolidation wouldn’t be the worst thing at this point. There are too many competing services.
So just cable 2.0, I’m sure they wouldn’t screw us again right? /s
Have you looked at Hulu’s add-ons? You can get sports packages, movie packages, random-ass-bunch-of-channels packages. Sound familiar?
Oh no no no no no, they’ll still exist, it will all just be owned by Disney
Hulu was always Disney though. It was there content that started with it. Buying Fox was the consolidation.
Don’t they already basically have a monopoly? They can do anything they want, they own almost everything and are too big to fail.
No way! How could you say that?
avidamoeba@lemmy.ca 1 year ago
Always is. No one likes competition.