The Mouse Problem
For a while now we have known Disney has been on a mad dash to buy up as many ips and rights to things as it can. They already took over Fox and all its subsidiaries. Back when Disney bought Fox it was reported that Disney would also buy up Fox’s share of Hulu. This was already going to give Disney a large stake in the streaming service.
Apparently that wasn’t enough.
The great Mouse has now fully bought out the other share holders like Comcast for complete control of Hulu. This means one thing.
Disney wants to destroy Netflix.
It’s pretty clear what the agenda at Disney HQ is. Disney aggressively wants to be part of the streaming war and will do whatever it takes to win. When Disney started dropping hints at its own streaming service late last year no one was really surprised. It seems like the perfect market for Disney to drop all its old shows and movies. Then earlier this year Disney did the unthinkable. They undercut the streaming price of Netflix by several dollars. For just $70 a year or $7 a month one can get crazy amounts of Disney shows and movies all at home. Not to mention the announcement of new Disney programs for only Disney+.
Now that Disney owns all of Hulu one of two things could happen.
First Disney could dissolve Hulu completely. In a lot of ways that would drive those Hulu customers into the open arms of the great mouse. With so many programs ranging from children’s shows to Star Wars it seems like a solid move. Disney would have one less competitor and boost its viewers.
The second option for Disney and Hulu is far more sinister. Disney could keep Hulu and use it to keep a strangle hold on the other studios. Currently a fair number of companies put their shows and programs on Hulu. Channels like NBC, Comedy Central, and others. Disney can effectively charge whatever they want to stream on Hulu, holding many companies hostage because unless they want to try to start their own like DC or CBS they are left with very few options.
Disney’s monopoly is growing quite dangerously and we should all take note.
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