Comcast Reportedly Interested In Selling Hulu Shares To Disney, Giving The Studio Complete Ownership

The Playlist | 4/25/2019 | Charles Barfield
hi09 (Posted by) Level 3
Click For Photo:

The Disney/Fox merger (or takeover, however you want to look at it) has resulted in a quite a few interesting (and mildly depressing) developments. First, in the minds of superhero fans at least, the sale means that Disney now has every Marvel superhero under one roof (minus Spider-Man). Then there’s the not-so-fun recent news that signals that Disney is hacking away at Fox’s anticipated film slate in a way of consolidating the releases. But another result of the sale is that Disney now controls two-thirds of Hulu, making the streaming service instantly more intriguing.

And in a new report via CNBC, Disney’s controlling shares of Hulu could turn into a complete ownership situation, as Comcast/NBCUniversal is looking to potentially selling the remaining 33% to the Mouse House. Of course, as with many of these big-time corporate deals, the details are scarce and nothing is being confirmed, but the outlet says that anonymous sources are saying that Comcast is trying to figure out if it’s better to sell now or later.

Course - Disney - Control - Services - Studio

This, of course, would signal that Disney would be in full control of two major streaming services. The studio just announced plans for a mid-November launch of its highly anticipated Disney+ streaming service, which would house the entire Disney catalog of films, including many from the Fox library, as well. Plus, the service is already deep into the content-creation game with original films and series from...
(Excerpt) Read more at: The Playlist
Wake Up To Breaking News!
How's that peak oil working out for you?
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!