this post was submitted on 02 Nov 2023
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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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[–] qooqie@lemmy.world 161 points 1 year ago (7 children)

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?

[–] Son_of_dad@lemmy.world 44 points 1 year ago* (last edited 1 year ago) (2 children)

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.

[–] andrew@lemmy.stuart.fun 4 points 1 year ago

You wouldn't download a TREE

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[–] pastermil@sh.itjust.works 13 points 1 year ago

Regulators: No. We'll happily bust your asses instead.

[–] chiliedogg@lemmy.world 6 points 1 year ago

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.

[–] Pipoca@lemmy.world 4 points 1 year ago

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.

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[–] Diprount_Tomato@lemmy.world 76 points 1 year ago (1 children)

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 4 points 1 year ago (1 children)

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 7 points 1 year ago* (last edited 1 year ago) (7 children)

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.

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[–] the_q@lemmy.world 72 points 1 year ago (1 children)
[–] Rascabin@lemmy.ml 13 points 1 year ago

I understand this reference.

[–] Cyberflunk@lemmy.world 53 points 1 year ago (1 children)

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 4 points 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.

[–] serial_crusher@lemmy.basedcount.com 50 points 1 year ago (3 children)

Maybe they’ll roll Hulu’s content into Disney+ without raising prices.

Without raising prices, right?

[–] cashews_best_nut@lemmy.world 8 points 1 year ago (1 children)

They already do in the UK. 👍

[–] festus@lemmy.ca 4 points 1 year ago
[–] phillaholic@lemm.ee 6 points 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+

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[–] DrPop@lemmy.one 30 points 1 year ago (4 children)

Would this be a potential push to form a monopoly?

[–] avidamoeba@lemmy.ca 42 points 1 year ago* (last edited 1 year ago)

Always is. Competition isn't profitable.

[–] Evilcoleslaw@lemmy.world 16 points 1 year ago* (last edited 1 year ago) (7 children)

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.

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[–] obinice@lemmy.world 8 points 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.

[–] Diprount_Tomato@lemmy.world 3 points 1 year ago

No way! How could you say that?

[–] kandoh@reddthat.com 28 points 1 year ago

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

[–] SeatBeeSate@lemmy.dbzer0.com 25 points 1 year ago (1 children)
[–] AngryCommieKender@lemmy.world 5 points 1 year ago (1 children)

Do they own Paramount as well? Why would the mouse kill the best modern derivative of Star Trek?

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[–] Waluigis_Talking_Buttplug@lemmy.world 22 points 1 year ago (1 children)

I've been looking into setting up a home server with Jellyfin and qBittorrent, so this just makes me feel better about that decision

I can upgrade my internet to gigabit and get rid of my two streaming services and save money. Win win, imo

[–] null@slrpnk.net 5 points 1 year ago (1 children)

Throw in overseerr/jellyseerr, sonarr, radarr, jackett/prowlarr, and you're cookin' with gas!

[–] FordBeeblebrox@lemmy.world 3 points 1 year ago (1 children)

Are there any communities around here that would help a novice set all that up? I happily pay for a VPN, not paying everyone a subscription fee

[–] null@slrpnk.net 5 points 1 year ago

homelab@lemmy.ml and selfhosted@lemmy.world are pretty active.

Do you have any self-hosting experience? I can point you to a few places based on your experience level. I'm also happy to help you get set up -- there's plenty of ways to run that stack with pros and cons depending on your comfort-level.

[–] Yokozuna@lemmy.world 12 points 1 year ago (1 children)

Do what you want cuz a pirate is free.

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[–] Isakk86@lemmy.world 8 points 1 year ago* (last edited 1 year ago)

The FTC, "But Market consultation is great for the consumer, right?"

[–] sodalite@slrpnk.net 6 points 1 year ago (1 children)

I'm wondering how this will affect Spotify, because back when I paid for Spotify it came bundled with Hulu.

[–] bobs_monkey@lemm.ee 15 points 1 year ago

It shouldn't. They're both separate entities and remain so, they just bundled themselves to entice customers.

[–] BigTrout75@lemmy.world 5 points 1 year ago (1 children)

All I know is Charlie Brown Holiday cartoons are behind a pay way now

[–] LillyPip@lemmy.world 5 points 1 year ago (1 children)

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 3 points 1 year ago (1 children)

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 2 points 1 year ago* (last edited 1 year ago) (2 children)

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 2 points 1 year ago (1 children)

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.

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[–] badbytes@lemmy.world 2 points 1 year ago

Silly Monopoly

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