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BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company

BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company

https://wdwnt.com/2023/07/disney-ceo-bob-iger-looking-to-sell-abc-fx-and-freeform/

BREAKING: CEO Bob Iger Considering Selling Streaming Services and Other Assets, May Even Try to Sell Entire Disney Company - WDW News Today

Disney CEO Bob Iger is looking to sell some of the company's TV and streaming assets, and may be considering selling the entire company.

WDW News Today
Jul 17, 2023 at 6:37pmWeb
Show threadmoobythegoldensockJul 17, 2023

May Even Try to Sell Entire Disney Company

In India.

Show threadNineMileTowerJul 17, 2023
Damn, I was going to buy it too.
Show threadmoobythegoldensockJul 17, 2023
You should still consider it. I hear it’s only going to cost about tree fiddy.
Show threadDrNeurohaxJul 18, 2023

Oh, well that sounds reaso... heyyy wait a minute....

does that include tax?

Show threadmoobythegoldensockJul 18, 2023
Well, it was about that time that I notice that the tax collector was about eight stories tall and was a crustacean from the protozoic era.
Show threadDrNeurohaxJul 19, 2023
God damn Loch Ness monstuh! Now git outta here and stop tryinna ttake mah money!
Show threadEyesEyesBabyJul 17, 2023

I always thought Netflix and Disney+ were the only profitable streaming services. Turns out Disney+ is making huge losses.

Netflix and Hulu are the only ones making a profit.

Who's Winning the Streaming Wars, Ranked by Revenue and Subscribers

We haven’t given up on the good, old-fashioned subscriber tally just yet — those are also here (and updated) for every major streaming service.

IndieWire
Show threadrealcaseyrollinsJul 17, 2023
I didn't even know that there were profitable streaming services
Show threadechoplex21Jul 17, 2023
I knew about Netflix but had no idea Hulu was profitable as well. I wonder what Comcast will do with their stake in Hulu then.
Show threadHobbitFoot Jul 17, 2023

Hulu has kept away from a lot of prestige television. It will continue existing series and make new series based on established creators, but it doesn’t seem to go for the high spectacle that other streamers do. It also has long term deals to stream TV shows.

I think Comcast is looking to sell its stake as long as it is a minority shareholder to Disney. However, it may want to keep Hulu around to ensure that Hulu’s content doesn’t get swallowed up by Disney+.

Show threadechoplex21Jul 17, 2023

You know I felt the same way about Hulu too but my friend shared their subscription and I found a decent amount of shows I’d consider “prestige”.

Atlanta

The Bear

What We Do in the Shadows

Handmaids Tale (haven’t watched in a while)

Only Murders in the Building

Devs

Dave

11.22.63

Legion

Show threadHobbitFoot Jul 17, 2023
Maybe I’m wrong, but it looks like they could make a lot of their shows for cheap. The writing could be prestige level, but they may be able to control costs better.
Show threadyessikgJul 17, 2023
A lot of those are fx shows, hulu just has the streaming rights
Show threadYoBuckStopsHereJul 17, 2023
Netflix and Hulu will eventually win the streaming wars. Disney owns most of Hulu though.
Show threadexohumanJul 17, 2023
The article mentions maybe selling to Apple. I hope not. Apple is already too big. Apple + Disney would be entirely too large a monopoly.
Show threadQHCJul 17, 2023
Apple would be a better custodian of Disney content than Disney themselves, at least.
Show threadkeeb420Jul 17, 2023
Id love to see the orville under apple.
Show threadlegionJul 17, 2023
Apple TV is actually good especially for sci-fi. They'd probably make Star Wars not suck again
Show threadClarkDoomJul 17, 2023
I guess this is a weird one because I think apple runs it’s streaming service the best out of all of them. They seem to actually let creatives control the shows instead of strong-arming them with an army of producers. Plus, apple wouldn’t buy all of Disney, just part of the entertainment division.
Show threadmidwayJul 17, 2023
In the ultimate twist of irony, George Lucas buys Disney for $1B less than he received for selling them LucasFilms. :)
Show threadLazaroFlimJul 17, 2023
He’s that worried of loosing his house now?