Is Disney Doing Too Much?

57,144
60,133
Joined
Aug 6, 2012
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
 
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
nah
this is just so theres a place to stream the rated r movies
that they not gonna show on disney+
 
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.
 
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.
You think Disney gon try and do that? I remember Apple always being rumored to scoop up Amazon
 
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.
 
Well, technically we don't know how much Disney had to do with this. Most likely it was Comcast.
 
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
 
Back
Top Bottom