Disney To Acquire Remaining Stake In Hulu For Expected $8.6 Billion

An anonymous reader quotes a report from CNN: Disney will acquire Comcast's one-third stake in Hulu for an expected $8.61 billion, the company said Wednesday, in a deal that will put the streaming service entirely inside the Magic Kingdom when the transaction closes later this year. "The acquisition of Comcast's stake in Hulu at fair market value will further Disney's streaming objectives," the company said in a short statement. Wednesday's deal brings to an end long-running speculation about the fate of Hulu, but still requires an appraisal process that is expected to be completed in 2024 to further assess the streaming service's fair value before a final sale price tag is agreed upon.

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[stealth_finger]

Disney sucks.

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[DarkOx]

yes it does. My kid likes and it comes bundled with my mobile plan, only reasons I keep it (i'd probably shop for a cheaper mobile plan otherwise).

D+ seems to be the scamy-ist of all the major streaming platforms. They dangle all the 'hot properties' in front of you with 'trailers' so it all comes up in search but you can never actually see any of it.

It all seems driven to hope you'll hang on for another month an hope some of it actually drops. At least the other services seems to manage to either trickl

Re: Disney+ Sucks

[ThurstonMoore]

If you own your phone you can get a prepaid mobile plan for about $30/mo then pay for streame separate and save a ton of money.

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[georgereedIC]

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[TrentTheThief]

That's the plan. Hulu/Crave and Disney don't have enough worthwhile content for most people. They dribble out bullshit shows and old content to look as though they're always adding new material.

Hulu lets you remove things you aren't interested in, but then "re-stocks" the list with the same shit content because they want to fool you into thinking they have plenty of great content - just like a supermarket moving cans from the back of a shelf to the front of the shelf to make it appear as though they have pl

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[edwdig]

Hulu's mostly about replacing cable TV. It's less good at that now that Peacock and Paramount+ exist, which means less shows make it to Hulu.

I think this deal comes down to Hulu doesn't make as much sense now that some of the partners pulled out. I suspect the long game is Hlulu and Disney+ merge. Maybe they keep both, but push harder to sell both as one subscription, if Disney wants to keep the adult and/or licensed stuff away from the Disney stuff.

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[stealth_finger]

I'm one of these who runs a personal Disney boycott. I downloaded the new star wars and still felt ripped off. They didn't make me want to watch any of the rest of whatever shit they've squeezed out of the star wars name. I'm even less inclined to see any of the remakes ruining what were childhood classics before I learned just how shit Disney were. It does seem like this beauty and the beast might actually be the straw that broke the camels back and I would appreciate the irony of Disney ultimately being m

hulu basic will beforced into your cable tv bill n

[Joe_Dragon]

hulu basic will be forced into your cable tv bill now.
Or they will lose O&O ABC + ESPN + all disney channels.

More consolidation and price rises

[xack]

Obviously building a warchest for more DRM restrictions.

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[The-Ixian]

On the other hand, it will be nice to have one less streaming service to pay for.

I will probably just end up switching my current Hulu ad-free sub to Disney+ (which I don't currently subscribe to, but have in the past to binge SW episodes).

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[TrentTheThief]

Unless they're continually offering new content, you're better off pausing your subscription for a few months, every three months. Then you can binge the new shows/movies without paying for the dribbles of content they give in one month. They're just sucking you into a continual payment despite their lack of enough worthwhile content.

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[The-Ixian]

I am currently watching a few Hulu originals which I am enjoying. I am definitely at peak streaming subs though. If I want to subscribe to any more, I need to cancel one.

8.6 is the floor, not expected

[Anonymous Coward]

Bad article is bad. 8.6bil is the floor price, not the "expected" price. Both disney and comcast have hired outside consultants to price out the fair market value starting with 8.6 as the floor and then to agree on a higher price based on the consultants findings. Comcast wants something like 27bil, while Im sure Disney would prefer something closer to 8.6, so I assume it will land somewhere closer to 15-20

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[CohibaVancouver]

Anti-white, anti-male.

Stop being such a whiny little snowflake.

Man up and grow a pair.

Your insecurity is an embarrassment to the rest of us men who aren't threatened by Disney content. Or any content.

Re: WokiFascist Propaganda

[denny_deluxe]

I love it when people write these, to them, ostensibly clever ways to say they want to call brown people the n-word without consequences.

That's a relief

[Tarlus]

I was worried that Disney wouldn't be in control of enough of the media that Americans consume.

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[cayenne8]

I was worried that Disney wouldn't be in control of enough of the media that Americans consume.

Yeah...there are STILL a few properties/shows they haven't ruined......yet.

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[bill_mcgonigle]

Kathleen Kennedy will be along to swap and pander, don't you worry!

Fucking Disney

[TrentTheThief]

That's most unfortunate since Disney has done so much to degrade television into a sickening, syrupy hot mess.

Fuck Disney. Walt's spinning in his grave over the shitpile that Disney's become.

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[thegarbz]

Walt's spinning in his grave over the shitpile that Disney's become.

??? Implying that Disney wasn't a shitpile before? Stealing ideas and stories and then locking them behind copyright while lobbying for perpetual mouse laws?

No sir, if Walt were alive today we'd be seeing more of this shitpile spending money on milking franchises and extending copyrights.

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[TrentTheThief]

You should avoid discuss old events with an old person ;-)

Walt died in 1966 and that copyright shit started when the first wave of fucking MBA graduates insinuated themselves into the company in the late 60's. MBAs fucked up Disney just like they did the auto and steel industries with the mantra of profit over capital investment and infrastructure.

No, Walt Disney may have had some serious issues surrounding well-rounded cartoonish backsides ( ;-) ), but he was a decent guy who wanted to provide wholesome en

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[thegarbz]

Walt died in 1966 and that copyright shit started when

The copyright shit started when the first works of Disney were at risk of falling in the open domain. Whether that was started by an MBA after Walt's death is irrelevant. He built his business on "stealing" the works of others (let's face it, Disney would use that word) and rehashing it as their own.

Antitrust issue yet?

[sabbede]

And if not, why not? Why do tech companies face more scrutiny than media companies?

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[unrtst]

Why do tech companies face more scrutiny than media companies?

They do?!?!? When did that start? MS got a slap on the wrist and went right back to the same path and kept on going. Ma Bell got broken up back in '82. Took a while, but now we're back to, what, 3, maybe 4 providers? What else has there been?

Disney buys South Park

[MooseTick]

I'll know its time to stop watching TV/movies when Disney buys South Park, scrubs it clean, and make Kathleen Kennedy in charge of the property.

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[antdude]

She needs to go back to her timeline. :P