Is Disney Doing Too Much?

Discussion in 'General' started by tay1, Apr 16, 2019.

  1. tay1

    tay1

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    With Disney in Control, Hulu Buys Out AT&T for $1.4 Billion

    Hulu LLC, an online-streaming venture backed by the biggest companies in entertainment, bought out AT&T Inc.’s 9.5 percent stake in a deal worth about $1.43 billion. The accord, which values the whole entity at $15 billion, leaves the business with just a pair of owners: Walt Disney Co., which has majority control, and Comcast Corp.

    Hulu, based in Los Angeles, was previously co-owned by Disney, 21st Century Fox Inc., Comcast and AT&T. When Disney spent $71 billion to acquire Fox’s entertainment businesses in March, it gained majority control. Disney Chief Executive Officer Bob Iger has said he may be interested in acquiring the rest.

    Disney and Comcast -- the remaining owners -- will now have to decide how they want to account for the AT&T transaction, according to a Hulu spokeswoman. The two parties have time to figure out how they want to apportion that 9.5 percent stake


    https://www.yahoo.com/finance/news/hulu-now-majority-controlled-disney-212245301.html
     
  2. tay1

    tay1

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    In a minute, Disney and Amazon gon own everything. Disneyland still gonna raise prices too
     
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  3. 6 Rings G.O.A.T.

    6 Rings G.O.A.T.

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    Hulu owns AT&T..

    Damn
     
  4. tay1

    tay1

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    And Disney controls most of Hulu.
     
  5. SC kid

    SC kid

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    Doesn't disney own ronaldo
     
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  6. nawghtyhare

    nawghtyhare

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    nah
    this is just so theres a place to stream the rated r movies
    that they not gonna show on disney+
     
  7. nawghtyhare

    nawghtyhare

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    no hulu does not own att
     
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  8. nawghtyhare

    nawghtyhare

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    :smh:
     
  9. dangerousg

    dangerousg

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    they did NOT buy ATT, they just bought out ATTs stake in Hulu
     
  10. tay1

    tay1

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    Nobody said they bought it
     
  11. mangudai954

    mangudai954

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    Nah Hulu(Who's owned by Disney and Comcast) bought back AT&T's stake in them.
     
  12. dangerousg

    dangerousg

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    Someone literally said it in the third post and you responded and didn’t bother to correct but aite :lol:
     
  13. tay1

    tay1

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    Them joints gon be $200 in 5 years
     
  14. Mark Antony

    Mark Antony

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    They are doing the most, scooping Netflix is eventual (which is good for us) but they're probably gonna F around and trigger some new anti-trust laws.
     
  15. tay1

    tay1

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    You think Disney gon try and do that? I remember Apple always being rumored to scoop up Amazon
     
  16. Mark Antony

    Mark Antony

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    Yeah I feel like when Disney+ gets cooking and that plus Hulu has most of the streaming content they might feel the pressure at some point.
     
  17. sooperhooper

    sooperhooper

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    In a capitalistic society, unfortunately, there's no such thing as doing too much. The point is to do too much.
     
  18. blackintellect

    blackintellect

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    Well, technically we don't know how much Disney had to do with this. Most likely it was Comcast.
     
  19. blastercombo

    blastercombo

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    I get free Hulu now?? What up
     
  20. nawghtyhare

    nawghtyhare

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    dont even remind me
    i got annual passes for me and the fam
    thats like almost 250/month
     
  21. soychulo

    soychulo Moderator Staff Member

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  22. lamekilla

    lamekilla

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    Disney stake in any shared holdings is only going to grow after Disney+ becomes the marquee streaming platform this time next year. All hail our new ruler, The Moüse
     
  23. dlwlrma

    dlwlrma

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  24. dcallamerican

    dcallamerican

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    Someone gets IT
     
  25. ninjahood

    ninjahood

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    no...HULU bought out AT&T's stake in its company.