240

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

(page 2) 21 comments
sorted by: hot top controversial new old
[-] reverendsteveii@lemm.ee 2 points 8 months ago

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

[-] Asafum@feddit.nl 1 points 8 months ago* (last edited 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

[-] reverendsteveii@lemm.ee 2 points 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.

[-] Salamendacious@lemmy.world 1 points 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.

[-] reverendsteveii@lemm.ee 1 points 8 months ago

He's talking about starlink, not Tesla. Ford isnt about to launch an ISP

[-] Salamendacious@lemmy.world 1 points 8 months ago

I know. I was extremely unclear but I was using Tesla as an example how I think musk won't be as wealthy and powerful in the future. I don't think that there's a chance that starlink will replace all ISPs in the future

[-] Pipoca@lemmy.world 1 points 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.

[-] reverendsteveii@lemm.ee 1 points 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?

[-] Pipoca@lemmy.world 1 points 8 months ago

No, but would they when they had to give Comcast their share?

[-] pandacoder@lemmy.world 1 points 8 months 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.

load more comments
view more: ‹ prev next ›
this post was submitted on 02 Nov 2023
240 points (98.8% liked)

News

21718 readers
3737 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS