Earlier
this week, media giant Disney bought 21st Century Fox entertainment through a
significant acquisition, which represents a powerful media play. Through
this acquisition, Disney adds new blockbusters to its already impressive
repertoire, including The Simpsons, Wolverine, the Fantastic Four, etc. In addition, Disney owns nearly 60% of Hulu, another key streaming
function with over 25M users and counting.
Naturally, this has prompted questions about how Disney will use this newly owned intellectual property to challenge Netflix in the war on streaming. Later this year, Disney is expected to launch Disney+ which will enable Disney to share its beloved original content only on its streaming service. In anticipation of this, Disney ended its license deal with Netflix and pulled its content. However, using Hulu and growing its majority stake there may allow Disney to shift more adult-based content over to Hulu while keeping Disney+ family friendly.
Naturally, this has prompted questions about how Disney will use this newly owned intellectual property to challenge Netflix in the war on streaming. Later this year, Disney is expected to launch Disney+ which will enable Disney to share its beloved original content only on its streaming service. In anticipation of this, Disney ended its license deal with Netflix and pulled its content. However, using Hulu and growing its majority stake there may allow Disney to shift more adult-based content over to Hulu while keeping Disney+ family friendly.
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