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Article Will Disney Become OTT Powerhouse?

Discussion in 'Online Digital Services (OTT)' started by Technoglitch, Dec 7, 2017.

  1. Technoglitch

    Technoglitch Administrator
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    Disney, once rumored to acquire SVOD giant Netflix, instead opted to make a big investment in BAMTech and launch two new streaming services, an ESPN sports-themed one and a Disney-branded entertainment one. Now, by combining the Disney and 21st Century Fox’s stakes in Hulu, Disney will become a majority — and possibly full — owner of Hulu, with the remaining partner, Comcast, likely to divest its minority stake. Unless there are regulatory roadblocks, Disney, which was late to the Hulu party, joining long after NBCUniversal and Fox had launched the service, would get a big streaming footprint, backed by extensive film and TV libraries. (Disney recently announced that it would end its movie licensing deal with Netflix, redirecting the titles to its own upcoming SVOD platforms.) Disney’s streaming portfolio also would include the FXNow app of the FX Networks, which offers original and library content from the cable networks, including every episode of The Simpsons.

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