Disney to complete takeover of Hulu with $8.6 bn deal
Wednesday, 1 November 2023 The Walt Disney Company will acquire Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service. The deal values Hulu at $27.5 billion. Disney aims to boost its subscriber numbers at its Disney+ streaming service. In the recently ended quarter, Disney+ lost over 10 million subscribers, largely due to the Indian market. Competitor Netflix reported a growth in subscriber numbers and increased prices on some of its plans.
Six Flags and Cedar Fair Merge , to Create Theme Park Giant.
The two companies have decided to merge in an all-stock deal, resulting in "an $8 billion parks giant," according to 'The Hollywood Reporter.'.
The new company will have "27 theme parks,
15 water parks, 9 hotels and resorts"...
FIAT celebrates Disney's 100th birthday with an exclusive gift: five unique Fiat Topolino, whose design is inspired by Mickey Mouse, the most famous cartoon character from the Disney world. The new..
FIAT celebrates Disney's 100th birthday with an exclusive gift: five unique Fiat Topolino, whose design is inspired by Mickey Mouse, the most famous cartoon character from the Disney world. The new..
Disney's Q4 Results , Narrow Streaming Losses , to $387 Million.
'Variety' reports that Disney+ exceeded
150 million streaming subscriptions
in Q4, up from 146.7 million in Q3.
On November 8,..
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