these stream wars are interesting. How much value are lesser players (to NFLX) expecting to extract from the market?
" The streaming media business is tough. Disney, which has a 30 percent stake Hulu, saw losses of $580 million last fiscal year, according to an SEC filing.
This was, the SEC filing states, “primarily due to a higher loss from our investment in Hulu, partially offset by a favorable comparison to a loss from BAMTech in the prior year.”
https://techcrunch.com/2019/01/20/thanks-to-hulu-disney-lost-580-million-last-fiscal-year/
Submitted January 21, 2019 at 12:18PM by snailmailz http://bit.ly/2FEHkmC