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.

  • qooqie@lemmy.world
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    1 year ago

    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?

  • diprount_tomato@lemmy.world
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    1 year ago

    Something something monopoly

    Something something your government should do something about it but it doesn’t because it’s controlled by big corpos

    • phillaholic@lemm.ee
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      1 year ago

      Not really applicable here. Comcast went their own way with Peacock. CBS went with Paramount+. No idea what FOX is doing since they sold off their production to Disney.

      • joshhsoj1902@lemmy.ca
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        1 year ago

        We’re still looking at a monopoly from the perspective of accessing particular content.

        We would all be more happier if the video streaming platforms operated closer to the music platforms where all platforms had mostly the same content, and we just got to pick the experience we want.

        As is there is no choise if you’re looking for something in particular, which is pretty similar to a monopoly.

        • phillaholic@lemm.ee
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          1 year ago

          Would you rather have 5 services that you can choose which to pay for or have to pay the entire cost of all 5 together?

          • joshhsoj1902@lemmy.ca
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            1 year ago

            Neither?

            I would rather have 20 services, all with access to most of the same content.

            Some services give you the option to pick and choose which media packages you want.

            These services are now able to compete on a mostly even ground in terms of content, and instead there is an incentive for them to provide a good user experience.

            This would also encourage the media companies to stop licencing their content exclusively or as upfront large blocks, and instead per/stream style licensing could show up (where a content owner is paid based off how much their content is watched).

            This would then encourage media companies to produce content people want to watch, rather than the last 10 years where the priority is to have larger libraries of exclusive content (even if that content isn’t good).

            None of that is a given if content companies didn’t also own the streaming companies, but it’s is the sort of market that had the best version of Netflix (before they were making content their user experience was much better).

            • phillaholic@lemm.ee
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              1 year ago

              So you want tech companies to spend money on features completely outside of the content and then also have the content, and expect that not to cost substantially more?

              Producing “content people want to watch” gets you lowest common denominator crap. Say goodbye to prestige TV and hello to reality TV.

              • joshhsoj1902@lemmy.ca
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                1 year ago

                You’re sooooo close.

                I want tech companies to create streaming services.

                I want content companies to make content.

                AKA removing the monopoly.

                • phillaholic@lemm.ee
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                  1 year ago

                  And somehow you think it’ll be cheaper. It hasn’t made music streaming cheaper. It hasn’t made streaming cable replacements cheaper.

        • jacksilver@lemmy.world
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          1 year ago

          The music streaming format would be great, but I’m not sure the TV streaming services is all that different than the channel packages cable used to sell. It’s still somewhat better than cable with on demand access and ability to add and drop whenever you want.

          Not that I think any of this is good, just that I’m not sure its any more monopolistic than broadcast/cable ever were.

  • Cyberflunk@lemmy.world
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    1 year ago

    I’m back to where I started, 100% 🏴‍☠️. I tried to play nice for about 3 years only to get fucked about every year. No more.

    • S_204@lemmy.world
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      1 year ago

      I have no issues paying for Spotify. Even with their recent rate increases, it’s still a one-stop shop for pretty much all of my listening needs. That’s worth paying for.

      When it comes to visual media if there was an option that could give me what Spotify gives me I would gladly pay for the service.

      From what I’m seeing the high seas are once again the only place that I can get everything I want in one place.

    • phillaholic@lemm.ee
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      1 year ago

      If you mean not raising prices from what Disney+hulu costs, they probably will combine them for that price (or the bundle with ESPN)

      But no, not for the price of Disney+

    • Dark Arc@social.packetloss.gg
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      1 year ago

      Honestly they should just consolidate. That’s probably part of why they’re doing this. Like Discovery and HBO, running two services is expensive… I fully expect Discovery+ to shut down entirely once behind the scenes content deals are over

    • Evilcoleslaw@lemmy.world
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      1 year ago

      How so? They already had a majority stake in Hulu as part of the Fox acquisition. Originally Hulu was 30% Disney, 30% Fox, 30% Comcast, 10% private equity. Hulu purchased back that 10% stake before Disney purchased Fox.

      When the Fox deal closed Disney owned 70% of the company, and it was announced that the earliest they could buy out Comcast’s stake was 2023/2024. The writing has been on the wall ever since.

      • NewNewAccount@lemmy.world
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        1 year ago

        A Disney monopoly in streaming? Further consolidation wouldn’t be the worst thing at this point. There are too many competing services.

    • Obinice@lemmy.world
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      1 year ago

      Don’t they already basically have a monopoly? They can do anything they want, they own almost everything and are too big to fail.

  • kandoh@reddthat.com
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    1 year ago

    I remember back in 2008 it was free and that’s how I watched all of Veronica Mars

  • just_another_person@lemmy.world
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    1 year ago

    They’ve won the game at that point. Only Paramount and Netflix will be the holdouts, and this all just turns into another $100/mo package like cable.

    • deus@lemmy.world
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      1 year ago

      Apple TV+ and Amazon Prime aren’t going anywhere since their parent companies have infinite money to burn on streaming. For this reason alone I think these two services are more likely to survive in the long run than Disney+ or Netflix. There’s also Max, which has some great content but I’m not as confident it’ll still be around in 10 years.

      • The Menemen!@lemmy.world
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        1 year ago

        In Europe there is also sky, who has all rights on HBO stuff here and thus can hold out despite its terrible player. Also DAZN for sport events. Both are imo completely relying on third parties though (sky on HBO and dazn on the leagues).

    • hamsterkill@lemmy.sdf.org
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      1 year ago

      Comcast has mostly moved over to using Peacock already, I think. Warner Bros is also separated with Max. And of course Amazon/MGM is doing their own thing as well.

    • Copernican@lemmy.world
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      1 year ago

      How was there ever an end where a 100 dollar a month cable package is cheaper than all TV programmers having to make their own apps and direct to consumer distribution channels. It’s all the same TV with more operational overhead than having cable be the single pipe to distribute all content. The difference was steaming used to augment cable revenue. Now it is replacing cable revenue and that revenue goal hasn’t changed.

  • MrScottyTay@sh.itjust.works
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    1 year ago

    In the uk Hulu stuff is already on Disney+ as “Star”. I imagine they want that in the US as well since it gives a lot of value to Disney+. I think it’s better however… Monopolies and all that.

    • Blackmist@feddit.uk
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      1 year ago

      For all the stuff Disney own, there sure is a lot of fuck all new on Disney+.

      • MrScottyTay@sh.itjust.works
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        1 year ago

        Yeah it is a bit of a trickle, but I personally don’t mind it since I’m not a binge watcher anymore. I enjoy focusing on one or two shows at a time and if theyre releasing weekly, even better.

    • AdamHenry@discuss.tchncs.de
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      1 year ago

      I wish I could but I don’t have the necessary skill set to sail the seas. I’ve never understood how some users were able to travel or use the system differently than others. For example, Ive played Zelda for months, and everything I build is utter crap compared to what I see in Top Gaming Plays. Some people are just wired differently. I’ve put in the same amount of time as other players and while they are flying around in jets I’ve got two fans and a flystick.

  • LillyPip@lemmy.world
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    1 year ago

    Neat. I cancelled Hulu a few months ago, and this doesn’t make me regret my decision. I like some Disney content, but they’re corporate vultures and, based on their practices, they don’t deserve any loyalty.

    And Comcast, of course, can fuck themselves to death. I wish this wasn’t an amicable takeover and Comcast would lose badly, but that’s just my murderous mouse fanfic.

    • AdamHenry@discuss.tchncs.de
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      1 year ago

      I dispise Comcast because anything dealing with customer service takes fucking hours. Once youve spent a good hour dicking around on chat, you will search the internet for a live operator number. This will also take an absurd amount of time while you get switched from accounts to tech support. Seriously can’t stand it. Only game in town really, and they still suck.

      • LillyPip@lemmy.world
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        1 year ago

        There’s kind of a cheat code.

        First, always call, don’t bother with chat. The first prompt you get, say ‘agent’. Don’t say anything else, and keep saying that until you get a live person (it should only take 1-3 times in the menu.

        Once you have a person, threaten to cancel your service. You have to mean it (I always mean it if I’ve got to this point). They will escalate you to the customer retention team and they will listen.

        e: oh, and also be nice, but firm. Angry tirades never work, but exasperated friendliness does.

        • AdamHenry@discuss.tchncs.de
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          1 year ago

          Thanks for the walkthrough. I haven’t decided whether I am going to pull the trigger or just return the equipment so this may help.

          • LillyPip@lemmy.world
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            1 year ago

            It’s worth trying, even if you think you’ll end up cancelling anyhow. The last time I had to deal with them, they dropped my monthly bill from $150 to $80 for their highest speed broadband, and now I get roughly 1gb download speed for $80/mo. (eta in case it’s not clear: that wasn’t based on hypothetical sale prices; I’d been paying $150/mo out of pocket for half the speed; I now pay $80/mo for double the speed I had been getting.)

            Your results will probably vary – I have 25 years of uninterrupted customer loyalty to leverage. (eta: not like I have a choice where I live, it’s them or dial-up, but their international agents don’t know that lol).

            🤞

            e: also if you follow this blueprint, let us know if it works. I didn’t come up with this pattern, but it did work for me.

        • AdamHenry@discuss.tchncs.de
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          1 year ago

          I don’t know if my first response went through but I want to take the time and thank you for this well thought out response. It is deeply appreciated.

    • 𝔼𝕩𝕦𝕤𝕚𝕒@lemmy.world
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      1 year ago

      It’s a condition for me at this stage. I dropped Netflix for fucking around with Jojo, pricejacking, and more.

      Hulu went up a dollar last year, but somehow needed to go up three dollars this year. I’ve been an honest consumer since getting spotify, but this year I added a bunch of extra storage to my computer with nothing to fill it.

      Disney isn’t allowed to take away Big Sexy