Disney and Universal sue AI image company Midjourney
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Hulu, Disney and Comcast
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Disney is set to pay Comcast $438.7 million to take over Hulu, which will expand its size in the linear and streaming space.
It’s already benefitting from backing down. According to an industry source, viewership was up an average of about 60% during CHSN’s first weekend on Comcast compared to the previous weekend.
The CEO also said that Disney+ will "probably" emulate Netflix and stop reporting subscriber numbers at some point, he noted during a CNBC appearance.
The long and winding road of Hulu, which started out as a joint venture of NBC and Fox, has now concluded with Disney finalizing its buyout of Comcast.
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Comcast's $110 Billion Debt Disaster...What Happened?Comcast is drowning in nearly $100 billion of debt—and it all traces back to one man. Once a cable monopoly with no competition, Comcast is now losing ground fast. From a failed bid to outmaneuver Disney,