[A2k] Hulu live TV hitting 2M-customer mark, moving into second place - Comcast Corporation (NASDAQ:CMCSA) | Seeking Alpha
james.love at keionline.org
Tue Mar 12 15:23:34 PDT 2019
WIPO is considering a broadcasting treaty, and broadcasters want the treaty
to include a layer of rights, on top of copyright, for entities that
schedule the content through "broadcasting" channels, including content
streamed on the Internet, by a qualifying organization. Hulu TV and
Youtube TV are examples of the new Internet originating broadcasters of
live TV. This story have some updates on the ownership of Hulu TV.
Hulu's live TV service is ready to move into second place among the live-TV
streamers, by nearing 2M subscribers.
That would move it past DirecTV Now (T -1.3%), which lost 267,000 customers
in Q4 to settle near 1.6M, but still have Hulu's live service trailing
Sling TV (DISH -0.3%), which had 2.42M subs at the end of 2018. Rival
YouTube TV (GOOG +1.7%, GOOGL +1.7%) has passed 1M subs, Bloomberg says.
Hulu -- for the moment -- is owned by Comcast (CMCSA +1%), Disney
(DIS+1.1%) and Fox (FOX, FOXA), each with a 30% stake, and WarnerMedia
(NYSE:T) with 10%.
But Disney is getting ready to take over Fox's share through their $71B
asset deal, and it reportedly has been in active talks to buy WarnerMedia's
Hulu recently raised its live streaming price to $45/month from $40; Sling
is promoting discounts to maintain its lead.
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