Disney is about to own all of Hulu | Disney’s paying more than $8 billion for Comcast’s stake in Hulu.

L4sBot@lemmy.worldmod to Technology@lemmy.world – 427 points –
Disney is about to own all of Hulu
theverge.com

Disney is about to own all of Hulu | Disney’s paying more than $8 billion for Comcast’s stake in Hulu.::Disney and Comcast have reached a deal on Hulu’s buyout. Disney expects to pay about $8.61 billion to get the 33 percent owned by Comcast as a result of their agreement in 2019.

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This does not look like it’ll end up well for the consumer… can we please get some company busting going on in this current capitalistic hellscape?

By 2030:

DISNEY BUYS RIGHTS TO OXYGEN ON PLANET EARTH, WILL BEGIN A $500/MONTH SUBSCRIPTION SERVICE CALLED DISNEY AIR, FOR ANY CUSTOMERS WHO WOULD LIKE TO LIVE ON.

Either this option or choose the slightly cheaper but riskier life deprivation option of being a Musk Mars Slave. Hopefully the plan of Susan B. Anthony dollar suicide booths will have been fleshed out and running by then.

I don't actually expect much to change for the consumer end on this one. Comcast had already started moving their content over to Peacock.

Disney already owned 66% of Hulu, and has run Hulu for years.

They merged the engineering teams a few years ago. Honestly, separating Hulu from Disney right now would be way harder than turning them into one streaming service.

Oh no, luxury services that nobody needs at all will make profit because the average consumer will pay for it. Whatever shall we do.

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