Thu. 11/02 – Silicon Mesa?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 2 November 2023
⏱️ 20 minutes
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| 0:00.0 | Welcome to the Tech Mem Right Home for Thursday, November 2nd, |
| 0:07.1 | 2023. I'm Brian McCullough today. Looks like Disney is finally going to |
| 0:11.4 | swallow Hulu. |
| 0:13.2 | One more time, we're going to take a look at the AI regulation debate this time, noting that |
| 0:16.9 | governments are regulating tech ahead of time for the first time in a while. |
| 0:21.0 | You also might want to tip your door dasher ahead of time and can I |
| 0:25.1 | coin a term Arizona is becoming the Silicon Mesa. Here's what you miss |
| 0:29.7 | today in the world of tech. A longstanding digital media saga looks like it's coming to a |
| 0:37.8 | conclusion. Disney apparently plans to acquire NBCU's 33% stake in Hulu, thereby gaining full ownership, |
| 0:46.1 | and expects to pay around 8.61 billion dollars to do so, which represents NBCU's share of a 27 and a half billion dollar guaranteed floor price for the asset. |
| 0:57.0 | If you're not familiar with this saga, what, 15 years ago, Hulu began as an experiment between a consortium of many different media companies, the idea was simple. |
| 1:07.0 | Maybe we should try our hand at this streaming video thing. |
| 1:10.0 | Now at long last, Hulu will be wholly owned by one of the partners in the Consortium Disney. |
| 1:15.6 | Quoting the New York Times. |
| 1:17.6 | Comcast triggered the deal as part of a put call agreement between the companies in 2019. The ultimate price will be |
| 1:24.0 | determined by an appraisal process that will drag into next year. |
| 1:27.5 | Comcast, which recently stopped supplying Hulu with shows like Saturday Night Live |
| 1:32.0 | and The Voice, |
| 1:33.3 | rewriting them instead to its Peacock streaming service, said in September that it had |
| 1:38.1 | sped up negotiations to sell Hulu to Disney. |
| 1:41.3 | Previously, Comcast and Disney agreed that Comcast could force Disney to buy its |
| 1:44.9 | stake early next year, therefore the put. |
... |
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