Disney, the American media & entertainment conglomerate, announces a strategic ownership deal with Comcast to buy the stakes of Hulu, for a minimum of $27.5 billion in 2024. With this move, Comcast has become a silent investor and Disney now takes full operational control of Hulu. Earlier, Hulu was jointly owned by 21st Century Fox, …
Hotstar announces to stream Disney+ movies & shows to its premium Indian subscribers at no extra cost. With this, Hotstar becomes the most affordable streaming option to offer Disney+ catalogs to OTT consumers. Earlier, this April, Disney confirmed its entry of video streaming service – Disney+ to US market in November at just $7 per …
Hulu, the American streaming service company acquires AT&T’s 10% (technically 9.5%) stake in the company over a deal of $1.43 billion. With this transaction, the unprofitable Hulu now values at $15 billion. As AT&T exits the board, Disney and Comcast remain the sole owner of Hulu with 60% and 30% stakes respectively. Upon this acquisition, …
Walt Disney Co. confirms its plan to launch its family-friendly streaming service – Disney+ on 12th November. The ad-free premium streaming subscription service is supposed to feature a bundle of exclusive movies & TV shows from the world’s popular entertainment franchises and will cost around $7 monthly and $70 annually. As per the reports, Disney+ …
The Walt Disney Company finally completes its acquisition of 21st Century Fox for $71 billion. With this deal, Disney is all set to roll out its direct-to-consumer (DTC) streaming strategy and expand its presence to new audiences worldwide. Disney’s DTC is expected to launch later this year and will mainly include Disney+, ownership interest in …
Yes! The monopoly of Netflix might end real soon. How! Do you believe in the philosophy of History Repeats Itself! So, here’s the flashback to the history… Remember Orkut, the social media giant by Google! If yes, then you might also remember how they created a huge monopoly for several years with over 27 million …
Disney-owned streaming service ESPN+ has clocked more than 2 million subscribers in less than a year after the launch. Launched in April 2018, the channel added over 1 million subscribers within September. The huge growth has come in the later part of the year. According to Disney, the 5-years agreement with UFC has led to …
Amazon-owned IMDb is soon coming up with their free video streaming service Freedive. Users will be able to stream contents of this platform on either IMDb website or Amazon Fire TV devices. Freedive will have an ad-based model. Thus experts are expecting Freedive to compete powerfully against its competitors, such as the upcoming VoD channels …
According to research reports, the Australian subscription on-demand market continues its upsurge. It has reached a strong base of 9.1 subscribers at the end of June 2018, with an increase of 54%. In the same period, SVOD revenues grew up to 90% for the Australian region. The report forecasts that Australians are expected to hold …
Walt Disney has joined hands with Twitter to create live streaming content and advertising opportunities from across the entire Disney portfolio on the Twitter platform. Through the deal, Disney’s ABC broadcast network, the Disney Channels, Freeform and the company’s movie studio will produce live programming for Twitter. Matthew Derella, Twitter Global VP of Revenue and …
