Disney Acquires 27% Stake in Hulu
Disney has acquired 27% of Hulu according to Bloomberg. What a remarkable blend of content and distribution. What’s next for non-internet players like CBS and internet-only players like YouTube?
This adds credibility to Hulu’s (tongue-in-cheek) evil plot to destroy the world:
Next Step
Hulu’s next step: An application that allows viewers to download & view content on Apple’s iPhone and iPod touch. Media continues to change.
The Apple Connection
As a result of Disney’s acquisition of Pixar, Disney’s largest single shareholder is Steve Jobs. Yet another example of synergy between media titans.