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Hulu is going to be owned by Disney soon. Good news for Disney, if they're okay with losing $1 billion. Yet, Hulu is actually helping them. Here's how...
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3 Reasons Hulu is Helping Disney WWW.KONECTEAZE.COM
3 REASONS HULU IS HELPING DISNEY WWW.KONECTEAZE.COM
3 REASONS HULU IS HELPING DISNEY Hulu is going to be owned by Disney soon. Good news for Disney, if they're okay with losing $1 billion. Yet, Hulu is actually helping them. Here's how... Hulu, one of the big three streaming services, is going to be owned by Disney soon. Well, 60% of it will be owned by Disney. And this will happen after Disney completes its purchase of Fox Entertainments assets. Good news for Disney. Except when Hulu costs them about 1.3 to 1.6 billion in losses. Yet, this isn’t a bad thing. Maybe not at first.Disney, like any company, wants to make money on its assets and not have those assets lose them money. Especially when that amount starts with a ‘b.’ The positive here is that Disney is going to be enjoying the returns on Hulu’s efforts. Sure, in the short term, Disney is going to lose some money. Some. It’s a big amount, no doubt about it. I’ve never owned $1 billion. I doubt I will ever be worth that much in my lifetime. Disney, on the other hand, is dealing in multiple assets and properties across the globe. A billion here, a billion there is an acceptable loss for them. At least, it is from my perspective. They’ll most likely earn that $1 billion back in a month from all the merchandise they sell. What’s really happening here is a training or an upgrade montage. WWW.KONECTEAZE.COM