Netflix actually won by walking away from the WBD bid, collecting a $2.8B termination fee and driving up the price and debt load of the Paramount-WBD merger
A smart call and win for shareholders.Daniel Strauss /@danielstrauss:“Substantial layoffs seem certain, but cost cutting alone won't make the operation into the sort of entertainment powerhouse that c...
Sources: Disney's Sora deal is entirely in OpenAI stock warrants rather than a cash licensing fee; Disney has the option to buy more shares beyond its $1B stake
I'd give anything to go back to that. Instead, Disney's gonna throw itself on the fire. [embedded post] Dan Wade / @dwade : Deal makes far more sense now. If OpenAI succeeds, Disney reaps the rewar...
Disney says it is “fully integrating” Hulu into Disney+, plans to launch a “unified” Disney+ and Hulu app in 2026 and migrate Hulu's live TV subscribers to Fubo
Hulu will replace the Star brand on Disney+ internationally this fall
Sources: Apple is in talks to acquire the US streaming rights for Formula 1, following the success of F1 the Movie, which has generated ~$300M at the box office
iPhone-maker is challenging Disney's ESPN to screen car series — Apple is in talks to acquire the US rights to screen Formula 1 …
Disney closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu, paying an additional $439M, after agreeing in 2023 to pay a floor of $8.61B
Alex Weprin / The Hollywood Reporter :
Ahead of the Switch 2, Nintendo is branching out to use its characters in cinema, theme parks, and merch in a Disney-like way to create more consistent revenue
Tech Across the Globe … Sequoia Capital and Spark Capital are in talks to co-lead the round. — Revalued
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
Sigh. Streaming TV prices are going to get obscene in 2025. — www.theverge.com/2025/1/10/24... Mastodon: @SuffolkLITLab@esq.social : TL;DR: Venu Sports, the anticipated joint streaming venture from...
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
The sports-focused streaming service will not move forward, the companies said Friday. — Venu is dead.
Disney and Fubo announce a deal wherein Disney will combine Hulu + Live TV with Fubo in a joint venture and Fubo will drop its Venu Sports antitrust lawsuit
Todd Spangler / Variety :
Disney and Fubo announce a deal wherein Disney will combine Hulu + Live TV with Fubo in a joint venture and Fubo will drop its Venu Sports antitrust lawsuit
Disney, Fox and Warner Bros. Discovery will pay Fubo $220 million to settle antitrust suit — Disney announced a deal …