Keyword: Disney

Comcast announced that it has reached a deal allowing Disney to take full operational control of Hulu, effective immediately.

India streaming service Hotstar, which is now owned by Disney, claimed a new concurrent streaming record when 18.6 million tuned in for a cricket match.

Disney’s direct-to-consumer and international business – which houses ESPN+, Hulu and the upcoming Disney+ – saw its losses soar to $393 million during the company’s fiscal second quarter.

Sinclair’s recently launched ad-supported multichannel service STIRR could see benefits from the company’s recently announced $9.6 billion deal for Disney’s regional sports networks.

Sinclair’s stock is booming after the broadcast group emerged with a winning $9.6 billion bid late last week for 21 of Disney’s regional sports networks (RSN).

Hulu today announced that it now has more than 28 million subscribers and that 26.8 million of those are paid subscriptions.

After AT&T recently exited Hulu by selling its 9.5% stake back to the streaming service, Comcast reportedly is considering an exit, which would give Disney full control of Hulu.

Netflix's first-quarter results had many analysts shrugging off concerns of subscriber churn and competition from Disney+ and WarnerMedia.

FierceVideo is tracking first-quarter earnings results from streaming media companies, programmers, pay TV operators and broadcasters.

Netflix is scheduled to announce its first-quarter financial results later today, but the company likely has more than 150 million new subscribers.