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...Disney urged affected subscribers to consider signing up for Hulu, the streaming service in which it has a majority stake, along with Comcast....
...David Luboff, KKR’s co-head of Asia-Pacific and regional head of infrastructure, said he expected more dealmaking activity this year after a dearth in 2023, with many new sources of capital, including direct...
...Its broadcast and cable TV network business grapples with falling ad revenue and a shrinking subscriber base. Comcast however believes Hulu is worth much more....
...Comcast chief executive Brian Roberts recently said he believed Hulu was worth $60bn....
...Disney has also hired JPMorgan as an adviser in negotiations to buy the remaining stake of streaming service Hulu from rival Comcast....
...On September 30, Iger’s team will begin a months-long process with Comcast to determine the value of the cable giant’s minority stake in Hulu, setting the stage for Disney to purchase it and gain full ownership...
...“Netflix has pulled away,” says John Martin, co-founder of Pugilist Capital and former chief executive of Turner Broadcasting....
...“All of a sudden we weren’t decentralised,” said Darren Cohen, co-head of growth equity. “We have a structure that can compete.”...
...After all, even as cord-cutting has chipped away at the pay TV audience, there are still some 50mn households paying for cable or satellite television....
...Media companies and cable distributors have clashed over what content should be made available to cable customers and streaming platforms....
...But as streaming has grown, Charter has started making more money from selling broadband and mobile services, not cable TV packages, noted Alan Wolk, co-founder and lead analyst at TVRev, a research firm...
...In a matter of days, Disney boss Bob Iger and his team will begin a months-long process with Comcast to determine the value of the cable giant’s 33 per cent stake in streaming service Hulu....
...The new deal could speed up the move away from traditional cable TV while copying cable TV’s bundling model....
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
...The remaining package of games on Saturday lunchtime has been acquired by TNT, the broadcaster co-owned by BT and Warner Brothers Discovery. Read more here...
...ESPN has been hit by cancellations of cable subscriptions, while rivals such as Apple are seeking to acquire rights to high profile sports to show alongside their entertainment content....
...Michael Whatley, a close ally of Trump from North Carolina, is the new chair of the RNC, and Lara Trump, the former president’s daughter-in-law, is co-chair....
...Nollen of Macquarie said a deal for Star India could be especially well-timed for Disney given the looming transaction with Comcast over the Hulu streaming service....
...less than 300g CO₂/kWh, according to the AFRY analysis....
...Kovap tin wind-up cable car, £49.99, thehendersonsshop.co.uk Serve it up This statement tableware collection is made up of sculptural candlestick holders, scalloped serving plates and bobbin- or diamond-shaped...
...“Streaming will soon be a profitable business, but it will never be as insanely profitable as the cable business was,” says Alan Wolk, co-founder and lead analyst at TVRev, a research firm....
...The 4ft cable is ideal for securing wheels or locking a bike round a wide lamppost. £84.99, freewheel.co.uk Spoke Bulletproofs water‑repellent chinos Made from a durable heavyweight cotton, these chinos...
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...While they search for a solution, Disney has urged Charter customers to consider opting for Hulu, the live streaming service it co-owns with Comcast (side note: Comcast, which is expected to sell its minority...
...The Disney+ streaming service continues to lose money while the broadcast and cable TV network businesses battle falling ad revenue and a shrinking subscriber base....
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