The Disney media empire continues to grow to enormous size, as today it was announced that they have now acquired majority control of Hulu.
The announcement came via a press release from Disney, who explained they have “full operational control” of the streaming service at a price of $71.3 billion.
Comcast still owns a 33% stake in the company through its subsidiary with NBC Universal. They have the ability to enforce an option to sell its 33% stake in Hulu to Disney in 2024 at a valuation of at least $27.5 billion.
According to a report from CNBC, “Comcast could either sell its stake in Hulu at a valuation $27.5 billion or whatever Hulu is appraised to be worth in five years. Comcast is guaranteed at least $5.8 billion for its Hulu stake, according to the agreement.”
Hulu went into business in 2007 and has expanded strongly over the years. However, the company has a lot of debt to deal with, so a sale made good business sense.
Last month, AT&T sold its 9.5% stake in Hulu to Disney and NBCU for $1.43 billion, valuing Hulu at $15 billion. Disney and Comcast agreed to allocate that purchase on a pro-rata basis, giving Disney a 66% ownership and Comcast/NBCU a 33% equity stake.
It’s been a busy year for Disney, with their acquisition of Fox as well. It won’t be long before they own everything, so enjoy your freedom from Uncle Walt while you can!
The spirit of vengeance is making a comeback, and this time he is back in his own brand new TV series!
Hulu just announced it has expanded its partnership with Marvel Television, starting with two new live-action series, “Marvel’s Ghost Rider” and “Marvel’s Helstrom”.
According to a report from Variety, Gabriel Luna will reprise the role of Ghost Rider that he originally played in ABC’s “Agents of S.H.I.E.L.D.”, but the two shows will not be connected.
No casting news has been announced for Helstrom at this time.
The show will be executive produced by Ingrid Escajeda (who will also be the showrunner), Paul Zbyszewski and Jeph Loeb.
“Ghost Rider” joins a bunch of other Marvel shows on Hulu, including an upcoming animated series starring Howard the Duck, M.O.D.O.K, Hit-Monkey, and Tigra and Dazzler. Hulu also airs the live-action Marvel series “Runaways,” which is going into its third season.
The show is scheduled to air at some point in 2020.
It took three years, but we finally have the second season to “One Punch Man” coming sooner than you may think!
Saitama is back with his friends, along with some very epic new foes, and is ready to fight the best and challenger himself to be the number one hero. The trailer also introduces a new antagonist named Garou, who was teased in the first season as one of the strongest fighters around. Plus, it looks like Fubuki has certainly grown up since the last time we saw her!
Check out the trailer below:
One Punch Man returns for Season 2 on April 9 on Hulu, where it will be available with English subtitles.
They come mostly at night. Mostly. That is, the upcoming pair of live-action shows set in the Ridley Scott “Alien” universe. An enduring franchise that has somehow never had a TV show, it looks like that is about to change, and instead of getting just one, we may be getting a pair.
According to a report from HN Entertainment, details are minimal at best right now but it seems there will be two shows coming. While both are in the early developmental phase, one of them is rumored to be headed to Hulu, and Ridley Scott would be on board as an executive producer.
With the Disney and Fox merger taking place very soon, it seems Disney will be okay with Fox continuing to produce more mature content. Disney is headed down that route as well, although I doubt we will ever see Mickey and Donald on board the Sulaco.
The last major Alien project was “Alien: Covenant”, which was a bit of a flop. It seems TV could be a saving grace for this franchise, that truly deserves better than some of the schlock it’s been given.
At this point, there is no concrete news on anything so take this with a grain of salt. I would totally watch an episodic Alien series, and a franchise like this would absolutely benefit from that type of format.
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