Tag: Disney
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Comcast Could Get Billions More Than Expected From The Sale of Hulu, Analyst Says
Comcast and Disney have yet to agree on a final sale price for the cable company’s 33% share of Hulu, but new data suggests the streaming service is more valuable than the two companies estimated. “Based on our conservative projection, we believe that Hulu may be valued at $45 billion,” Seeking Alpha analysts said in…
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Disney is Reportedly Close to Selling its India Streaming Business
Disney is close to selling its India streaming business to one of its biggest rivals in the region. Reliance Industries, one of India’s leading media companies, is expected to take a majority stake in Hotstar, India’s version of Disney+, according to Bloomberg. The move would provide an influx of cash to Disney as it looks…
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Why Are Netflix, Disney+, Hulu and More Raising Their Prices? Skyrocketing Production Costs and Inflation Are Hitting Streaming Hard
Disney+, Hulu, Netflix and ESPN+ all raised their prices this month. This likely won’t be the end as the price of entertainment continues to ebb higher and higher. The companies all blame higher production costs. But it’s more complicated than that with an industry that had to contend with inflation, a boom and bust of…
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This is How Much ESPN Makes For Disney
ESPN has long been considered the golden goose for Disney. Thanks to a new disclosure from the media giant, we know just how lucrative the sports network really is. In a filing with the U.S. Securities and Exchange Commission, Disney restated its financial results in line with a new method of reporting it plans to…
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Sony Might Buy Disney+ Hotstar and Other India Assets
Sony Pictures Entertainment, the global entertainment unit of Japan’s Sony Group, is in preliminary talks with Disney to acquire the media titan’s India assets, according to Business Today via The Mint (a paywalled publication.) People familiar with the matter said the discussions are a contingency plan for Sony in case its merger with Zee Entertainment…
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The Recap: T-Mobile’s Forced Migration, FCC’s Blackout Rebate Proposal and More
The Federal Communications Commission had a particularly busy week, but T-Mobile has to take the cake for the biggest story of the week – even if it’s one that its customers aren’t going to be thrilled about. As always, there was a lot going on in the world of cord cutting. But that’s why The…
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ABC Still For Sale? Nexstar and Allen Media Group Hope Disney Will Agree to Sell It
Byron Allen, who last month made a $10 billion bid to buy FX, National Geographic, ABC Network, and the Disney-owned affiliates, reiterated earlier this week that he’s ready and willing to make a deal with the media giant. “I think ABC’s a real possibility. They say they’re not ready,” Allen said at the UCLA Department of Neurosurgery’s…
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Removed Disney+ Original Content Is Now for Sale on Other Streaming Apps
Over the summer, Disney yanked a dozen originals from its platform in an attempt to shave $1.8 billion from its current budget and put towards more profitable content later. Some of those titles are now popping up on other paid platforms like Apple, Vudu and Amazon, according to The Wrap. The Disney Original movie Crater,…
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FCC Wants Comcast, Spectrum, DIRECTV and Other Cable TV Providers to Issue Rebates to Customers For All Blackouts
Cable and satellite TV blackouts have become a common occurrence, as we saw this summer with disputes between Charter’s Spectrum and Disney, as well as the three-month spat between DIRECTV and Nexstar. The Federal Communications Commission is pushing to make sure subscribers are fairly compensated if these blackouts continue to happen. FCC Chairwoman Jessica Rosenworcel…
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Disney Hopes To Make Disney+, Hulu, & ESPN+ Profitable by September 2024
Disney is on a tight deadline to make its streaming service, Disney+, profitable. In July, CEO Bob Iger told already skeptical investors that they should see a return by September 2024, which is already less than a year away. The company’s $5.5 billion budget cuts and elimination of 7,000 jobs hasn’t right the ship, according…