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.
NewNewAccount@lemmy.world 11 months ago
A Disney monopoly in streaming? Further consolidation wouldn’t be the worst thing at this point. There are too many competing services.
CobblerScholar@lemmy.world 11 months ago
So just cable 2.0, I’m sure they wouldn’t screw us again right? /s
maik@infosec.pub 11 months ago
Have you looked at Hulu’s add-ons? You can get sports packages, movie packages, random-ass-bunch-of-channels packages. Sound familiar?
JeffKerman1999@sopuli.xyz 11 months ago
This is just techbros inventing stuff… They invented taxi (Uber), bed and breakfast accomodation (Airbnb), food delivery etc…
Diprount_Tomato@lemmy.world 11 months ago
Oh no no no no no, they’ll still exist, it will all just be owned by Disney
phillaholic@lemm.ee 11 months ago
Hulu was always Disney though. It was there content that started with it. Buying Fox was the consolidation.