Disney’s Fox acquisition means the end of Hulu as we know it
https://www.recode.net/2017/12/14/16771712/hulu-disney-acquisition-fox-means-dis-foxa-21cf
Hulu used to answer to three different bosses — Disney, Fox and Comcast — each owning an equal stake in the streaming service. Now it will have one boss: Disney.
The entertainment giant has agreed to buy most of 21st Century Fox for about $60 billion (including debt), which means the owner of the “Star Wars” franchise and ESPN will also own Fox’s TV and movie studio, including “Avatar,” its foreign businesses and, crucially, Fox’s 30 percent stake in Hulu, giving Disney majority ownership.
Disney’s Fox acquisition means the end of Hulu as we know it
Dec 14, 2017, 12:13pm UTC
https://www.recode.net/2017/12/14/16771712/hulu-disney-acquisition-fox-means-dis-foxa-21cf
>Hulu used to answer to three different bosses — Disney, Fox and Comcast — each owning an equal stake in the streaming service. Now it will have one boss: Disney.
>The entertainment giant has agreed to buy most of 21st Century Fox for about $60 billion (including debt), which means the owner of the “Star Wars” franchise and ESPN will also own Fox’s TV and movie studio, including “Avatar,” its foreign businesses and, crucially, Fox’s 30 percent stake in Hulu, giving Disney majority ownership.