| Disney Is Now In Full Control Of Hulu
Disney is now in full control of Hulu, an entertainment streaming service that not only provides access to network and studio shows and films but also original programming. The move comes after Disney successfully acquired 20th Century Fox, who had a large stake in the streaming service. Disney announced the deal earlier this morning. More on the report below.
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| The Drill Down 572: A Whole New World
On this week’s The Drill Down podcast, Uber releases its IPO, China uses AI to profile minorities, Samsung‘s new phone prospects fold after reviews, New Next gen-consoles, and all the details of Disney‘s new streaming service Disney+, and much more.
...continue reading » Tags: Artificial Intelligence, autonomous vehicles, Boston Dynamics, Comcast, Disney, Disney Plus, electric vehicles, Facial recognition, Galaxy Fold, Hulu, Microsoft, Netflix, Playstation, robots, Samsung, Smartphones, Sony, Space, SpaceX, Spot, streaming Video, Tesla, Uber, Xbox | |
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| Disney Outbids Comcast To Acquire Fox With New $71 Billion Offer
There is a bidding war over who gets to own 21st Century Fox‘s entertainment assets. Recently Comcast made an all-cash offer of $65 billion to acquire Fox’s entertainment assets. This was significantly higher than The Walt Disney Company‘s not-so-official, as it turned out, $52 billion offer. At which point, Disney had only a few days to match or bring in a higher bid. And according new reports, the Mouse House has done just that. The studio has recently sweetened their deal by adding some cash of their own to the previous stock-offer. This will take their total bid to $71 billion. Not only that, but it appears that Fox has accepted the deal. More on the story below.
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