The Walt Disney Company said in a statement released November 1, 2023, that it plans to acquire the remaining 33% stake in Hulu from Comcast for an expected price of $8.61 billion. The Details Disney will pay Comcast’s NBCUniversal around $8.61 billion by December 1,… Read More »The Walt Disney Company Announces It Will Purchase Remaining Stake in Hulu from Comcast
It was a short walk for The Walt Disney Company from dipping its toe in the direct-to-consumer streaming service with a minority interest in Hulu, to diving headfirst into the pool. Disney now has ESPN+, will release Disney+ in November, and now owns controlling interest… Read More »Is Disney looking to buy Comcast’s share of Hulu?
In a move that would put the two domestic Universal Studios theme parks back on the same track and under unified ownership, Comcast owned NBCUniversal has opted to agree to the Blackstone Group’s offer to sell their half of the Universal Orlando Resort. This also… Read More »NBCUniversal to Buyout Blackstone Group’s half of Universal Orlando Resort
A few years ago Comcast launched an ill fated attempt to take over The Walt Disney Company. Fortunately that fell through and the mouse was safe from outside influences. Well, it’s taken them a few years, but they have a new target with aims to… Read More »Comcast one step closer to buying NBC Universal
Predictably, the cinema companies are not so hot on Comcast’s idea of premiering movies on their cable system simultaneous to their cinema premieres. More surprisingly, though, Disney CEO Bob Iger, who has speculated about multi-platform releases before, expressed opposition to the idea, and now Viacom (Paramount, Dreamworks, MTV, etc.) has also expressed opposition. Viacom Inc.… Read More »Update on Comcast’s Idea to Deliver New Movies Along With Cinemas
Yinka Adegoke of Reuters reports that cable company Comcast wants to show movies to homes the same day they are released in the cinema. Disney President Bob Iger and others have previously thrown around the idea of simultaneously releasing movies via multiple platforms along with… Read More »Comcast vs. Cinemas