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The Hustle Daily Show
Disney buys Hulu
Nov 3, 2023
Disney's purchase of Comcast's stake in Hulu, Britney Spears' memoir, and Starbucks' strong quarter are discussed. The impact of Disney's acquisition on the streaming economy, consolidation in the industry, and the importance of original content and archives in the streaming business are explored.
11:05
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Quick takeaways
- Disney's acquisition of Comcast's stake in Hulu signifies the consolidation of streaming platforms and the creation of a unified app for all Disney content.
- The wave of consolidation in the streaming industry reflects a trend towards a more consolidated streaming landscape, with companies merging platforms and raising prices to combat fragmentation and reduce churn.
Deep dives
Disney's Acquisition of Comcast's Stake in Hulu
Disney has purchased Comcast's stake in Hulu, giving Disney complete control over the streaming service. This move is part of Disney's strategy to consolidate its streaming platforms and create a single app for all its content. The acquisition, which is worth approximately $8.6 billion, is expected to be finalized by December 1st. By controlling Hulu, Disney can offer a wide range of content, including popular shows from other networks, alongside its own Disney Plus content. This consolidation reflects a broader trend in the streaming industry, with companies merging platforms and raising prices to combat the increasing fragmentation of streaming services.
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