2023-11-02 20:32:24
A negotiation process between the cable operator on the one hand and Disney on the other hand has formally begun, in accordance with a complex agreement concluded between the two giants in 2019. Bill Stafford / Diego – stock.adobe.com
DECRYPTION – The group will have to pay at least $8.6 billion to the cable operator Comcast.
No less than 8.61 billion dollars. Comcast wants to make Disney pay a high price, which must contractually buy it back its shares of the video platform on demand Hulu. A rare video streaming service to generate profits, Hulu has 48.3 million subscribers. A figure to be compared to the 28 million subscribers of Peacock, the Comcast platform, and the 146 million of Disney+, both of which are loss-making.
Hulu is complementary to Disney+, with a family catalog and geared towards children. The platform broadcasts shows produced by Fox and ABC, as well as critically acclaimed original series, such as The Bear. Its large catalog of films, including big-budget cinema classics, like Terminator or Rocky and their string of sequels, could enrich the Disney+ offering. In the United States, a subscription plan provides access to both services for $20 per month. In France, part of the Hulu catalog is used within Disney+…
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