BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company
BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company
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I always thought Netflix and Disney+ were the only profitable streaming services. Turns out Disney+ is making huge losses.
Netflix and Hulu are the only ones making a profit.
I didn't even know that there were profitable streaming services
I knew about Netflix but had no idea Hulu was profitable as well. I wonder what Comcast will do with their stake in Hulu then.
Hulu has kept away from a lot of prestige television. It will continue existing series and make new series based on established creators, but it doesn't seem to go for the high spectacle that other streamers do. It also has long term deals to stream TV shows.
I think Comcast is looking to sell its stake as long as it is a minority shareholder to Disney. However, it may want to keep Hulu around to ensure that Hulu's content doesn't get swallowed up by Disney+.
You know I felt the same way about Hulu too but my friend shared their subscription and I found a decent amount of shows I’d consider “prestige”.
Atlanta
The Bear
What We Do in the Shadows
Handmaids Tale (haven’t watched in a while)
Only Murders in the Building
Devs
Dave
11.22.63
Legion
Maybe I'm wrong, but it looks like they could make a lot of their shows for cheap. The writing could be prestige level, but they may be able to control costs better.
A lot of those are fx shows, hulu just has the streaming rights
Netflix and Hulu will eventually win the streaming wars. Disney owns most of Hulu though.