Disney


Disney to take full control of Hulu in five years

Disney has agreed a deal with Comcast to take full control of Hulu — in 2024.  The Mouse House revealed this afternoon (14 May) that it will assume full operational control of the Handmaid’s Tale streamer, effective immediately, in return for Disney and Comcast entering into a “put/call” agreement regarding NBCUniversal’s 33% ownership stake in the platform. Under […]

Bob Iger: Disney “bullish” about Hulu potential

Disney is “bullish” about the potential of Hulu, including international expansion, but will have to strike an agreement with Comcast to achieve its goals, according to CEO Bob Iger. Speaking after Disney posted better than expected Q2 results, Iger also said that Disney’s movie activities and new streaming service Disney+ will be intricately linked, with […]

TBI Weekly: Content rights are ‘key battleground’ in streamer war

As 2019 goes by, the looming clash of the streamers gets closer. WarnerMedia this week confirmed it will unveil its streaming service in the fourth quarter of 2019, and Netflix borrowed another $2bn to further build up its library of content. The announcements come just weeks after Disney+ and Apple announced details of their upcoming […]

Comcast mulls sale of Hulu stake to Disney

Comcast is in talks to sell its 30% stake in Hulu to Disney, a move which would give Disney full control of the streaming service. According to a report by CNBC, Comcast is weighing the pros and cons of doing a deal now rather than later. The two companies are the last remaining owners of […]

Hulu buys back minority stake from AT&T

Hulu has struck a deal with AT&T to take back a 9.5% minority stake from the company for $1.43bn, as the telecoms and media business looks to reduce its debt. The transaction valued Hulu a $15bn. It did not require any governmental or other third-party approvals and was simultaneously signed and closed. Hulu is part-owned […]

Disney+ to reach 75m subs by 2024, says research firm

A forecast from research firm Digital TV Research shows that Disney+ is set to reach as many as 75m subscribers by 2024. On Thursday (11 April) Disney outlined its plans for its Disney + platform to investors and stated that it expects to reach 60-90m Disney+ subscribers by 2024, with the US contributing a third. […]

Disney+ unveils price point, two-year global expansion

Disney has given investors a first glimpse into its new SVOD service, which is to launch on 12 November with a “rapid” global expansion planned within the next two years. The Mouse House’s long-anticipated Investor Day in Burbank, California, included extensive presentations on Hulu, Hotstar, ESPN+ and Disney+ from execs including chairman and CEO Bob […]

Disney + unveils unscripted slate as it preps SVOD pitch to investors

Disney has unveiled a robust unscripted slate for its Disney + service ahead of revealing new details of its SVOD to investors later today (11 April). The mouse house has announced its first overall deal with production house Supper Club, the team behind Netflix’s Chef’s Table, as it positions itself as a direct competitor to the […]

Why content execs are winning in Hollywood

Hollywood is facing some of the most drastic executive restructuring it has ever encountered, with regime changes at Disney and NBCUniversal setting the scene for the industry’s next SVOD-focused chapter. Manori Ravindran reports on why content, and not digital, execs are getting the top jobs As Hollywood digs itself out of a seismic 18-month period […]

Disney completes $71bn acquisition of 21st Century Fox

Disney completes its US$71bn acquisition of the bulk of 21st Century Fox today, paving the way to create what chairman and CEO Bog Iger described as “the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.” Disney is acquiring 21st Century Fox’s film production businesses Twentieth Century Fox, Fox Searchlight Pictures, Fox […]

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